Blogs

Become a Certified Expert with API 653 Training Program

Become a Certified Expert with API 653 Training Program 1024x536 1 OTS Offshore

API 653 is a standard developed by the American Petroleum Institute (API) that guides the inspection, repair, alteration, and reconstruction of aboveground storage tanks (ASTs) used to store petroleum, chemicals, and related materials. The standard addresses various aspects of AST maintenance, such as minimum inspection intervals, inspection techniques, and repair approaches. API 653 is commonly […]

The post Become a Certified Expert with API 653 Training Program appeared first on PetroSync Blog.

Mud Tanks in Oil and Gas Drilling: Role, Applications, and Standards

OTS Offshore Mud Tanks

What are Mud Tanks? Mud tanks are large steel containers designed to store and circulate drilling fluids (often called “mud”) in the oil and gas industry. Drilling fluids are essential for cooling the drill bit, carrying rock cuttings to the surface, and maintaining pressure in the wellbore to prevent blowouts. This equipment is a critical…

DOE: Pause on US LNG export permits remains despite New Fortress authorization

66da33e9d7ab67bf51c22a04 240905id 6009866 okeksandr kalinichenko dreamstime OTS Offshore

The decision to authorize New Fortress Energy to export LNG does not mean the Biden administration’s LNG export pause is over, a DOE spokesperson told Oil & Gas Journal.

EOG set to add to Ohio Utica spending

66d9cca4d6146963c1379bc0 utica map ohdnr OTS Offshore

The company’s delineation and spacing work continues to produce strong results. ‘It absolutely has the opportunity to be a foundational play,’ a senior executive says.

Aker BP reaches first oil at Tyrving

OTS Offshore - Aker BP reaches first oil at Tyrvin

Aker BP has started oil production from Tyrving field in the Alvheim area offshore Norway.

Deepwater exploration drilling close to resuming offshore Namibia

66cf7559376642ecc28e8d2b offshore rig OTS Offshore

Westwood analysis shows Namibia is the most promising deepwater rig demand hotspot. Exploration of Namibia’s Upper and Lower Cretaceous plays in the offshore Orange Basin have delivered nearly 5 Bbbl from nine wells since 2022, according to Westwood Global Energy Group. The seven exploration wells that followed up the Graff and Venus play opening discoveries…

Jackup Market Shows Resilience Despite Saudi Aramco’s Rig Releases!

Offshore Drilling and Production Equipment

Despite Saudi Aramco releasing a number of jackup rigs, the international jackup market remains robust. According to Evercore ISI’s latest Offshore Oracle report, the release of around 22 rigs so far this year has raised questions about the future of the Middle East jackup market, a region historically known for absorbing global assets. Saudi Aramco’s…

Dolphin repositioning rigs following UK North Sea market slowdown

Borgland Dolphin operates under the Bermuda flag.

Dolphin repositioning rigs following UK North Sea market slowdown The Borgland Dolphin semisubmersible has been undergoing a special periodic survey in Las Palmas, Gran Canaria. Extensive measurement testing has revealed no need for major steel replacement, and the program is on track. It should remain in Las Palmas until early 2025 ahead of a long-term contract in the UK…

Introduction to OTS Offshore & Trading Service Company

OTS Offshore Team

OTS Offshore & Trading Service: A Leader in Offshore Solutions Established in 2016, OTS Offshore & Trading Service has quickly emerged as a reputable and trusted partner in the global oil and gas industry. Specializing in a comprehensive range of offshore solutions, OTS Offshore stands out for its commitment to quality, safety, and operational excellence….

bpTT, EOG to develop offshore Trinidad gas resource

OTS Offshore - bpTT, EOG to develop offshore Trinidad gas resource

bp Trinidad and Tobago and EOG Resources Trinidad have agreed to partner on the Coconut gas development off the southeast coast of Trinidad.