Posted by admin on Apr 14, 2017 in Uncategorized | 0 comments

The International Energy Agency reported yesterday that global supply and demand for oil is beginning to balance out. According to the IEA, oil stocks from developed countries fell by 17.2 million barrels in March. This follows an 8.1 million barrel reduction in these stocks in February, as demand outpaced supply by approximately 200,000 barrels per… Read More &raquo

Posted by admin on Apr 01, 2017 in Uncategorized | 0 comments

President Trump is acting on his pledge to make the United States energy independent by opening additional federal waters to drilling. The Department of the Interior announced its plans to offer for sale leases of “all available” federal waters in the Gulf of Mexico that are not already leased out for offshore drilling. Ten offerings… Read More &raquo

Posted by admin on Mar 20, 2017 in Uncategorized | 0 comments

When Mark Zuckerberg visited New Orleans a few weeks ago, he visited an oil rig in the Gulf of Mexico to learn more about working in the oil industry. In his Facebook post describing the visit, he noted the “very impressive system of automated thrusters to offset any force” from the wind, waves, or other… Read More &raquo

Posted by admin on May 20, 2016 in Uncategorized | 0 comments

Although offshore drilling in the Arctic Ocean is slowing, analysts see no evidence that drilling in the Gulf of Mexico will slow and, in fact, believe it will grow in the coming years. Last October, the Obama Administration cancelled its plans to sell new oil and gas leases in the Arctic. The move followed lackluster… Read More &raquo

Posted by admin on Mar 24, 2016 in Uncategorized | 0 comments

After 12 weeks of declines in the number of U.S. oil rigs, U.S. energy firms added an oil rig last week, for a total rig count of 387 for the week, a report from the oil services company Baker Hughes showed. The addition suggests that oil producers are showing some willingness to begin drilling, in… Read More &raquo

Posted by admin on Feb 05, 2016 in Uncategorized | 0 comments

An expected shortage of experienced DP operators for the offshore support vessel industry is a growing concern among industry executives. That was the assessment given by industry insiders at Riviera Maritime Media’s European Dynamic Positioning Conference in London this week. When demand for offshore drilling improves, there is expected to be too few dynamic positioning… Read More &raquo

Posted by admin on Dec 17, 2015 in Uncategorized | 0 comments

A report released by Transparency Market Research on December 15 forecasts that dynamic positioning systems increasingly will be used over the next several years. This report is one of several released in recent months indicating growth trends in the global dynamic positioning market over the next 5-10 years and beyond. The report notes that the… Read More &raquo

Posted by admin on Dec 04, 2015 in Uncategorized | 0 comments

The Nautical Institute recently published new “Guidance to Masters of DP vessels” to assist Masters assessing the suitability of a DPO candidate to keep a DP watch on the vessel. The Master traditionally is best suited to make the final assessment of a candidate for this fifth and final phase of the Nautical Institute’s DP… Read More &raquo

Posted by admin on Nov 25, 2015 in Uncategorized | 0 comments

DP Training Solutions posts news and other developments related to dynamic positioning and the maritime industry more broadly on our website from time to time. Please reach out to us at astjohn@dptrainingsolutions.com if you have a story or other information that you would like to see featured.

Posted by admin on Nov 25, 2015 in Uncategorized | 0 comments

A report released by MarketsandMarkets on November 20, 2015 shows that the dynamic positioning market is expected to reach $1.48 billion, with a 4.36% compound annual growth rate, by 2020. This report will be welcome news to DPOs in the oil industry concerned about job security as the price of crude oil remains depressed. According… Read More &raquo