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BP Wins Big In Offshore Oil Drilling Lease Auction

For all of his administration’s tough talk on protecting our environment, President Obama doesn’t seem to have any problem increasing the nation’s dependence on dirty energy.  Earlier this year, the Obama administration announced plans...Show More Summary

JA Moody, Viega Strike Distribution Deal

JA Moody, a national distributor for product lines in the navy and commercial marine marketplace, is now a Viega Marine Distributor for the U.S. shipbuilding and offshore markets.

Could National Oilwell Varco's Pete Miller Turn Transocean Around?

Transocean wants Pete Miller as its new chairman. What could his time at National Oilwell Varco translate to for the fledgling offshore company?

N.C. falls behind in offshore wind

last monthUS Politics / Liberal : BlueNC

North Carolina could reap tremendous environmental and economic benefits from offshore wind, but is failing behind other states in developing the resource, according to a new report from Environment North Carolina and the National Wildlife Federation. Show More Summary

Strong Federal Endorsement Could Spur First U.S. Offshore Wind Farm to Begin Construction This Year

News out from the federal Department of Energy suggests a promising future for U.S. offshore wind power. The agency announced it is backing the Cape Wind project in Massachusetts—long expected to be the nation’s first utility-scale offshore wind farm—with a $150 million loan guarantee. read more

Hurricane Arthur Weakens to Category 1 as It Leaves North Carolina

KILL DEVIL HILLS, N.C. — Hurricane Arthur was downgraded to a Category 1 storm on Friday by the National Hurricane Center as the storm began interacting with a cold front along the east coast. It began moving offshore and away from North...Show More Summary

Strengthening ocean acidification data

Off of Georgia’s coast is Gray’s Reef National Marine Sanctuary (GRNMS). GRNMS is approximately 17 nautical miles offshore and encompasses 22 square miles of marine protected area that is home to many large invertebrates such as sponges, corals and sea squirts. In 2013, as part of NOAA’s Ocean Acidification (OA) Program, SECOORA received funds to […]

Is BP’s $20 Billion LNG Deal the Right Move?

Bp plc recently signed a $20 billion deal with China National Offshore Oil Corporation to supply LNG. Is this the right move for BP?

Seadrill Ltd.'s Offshore Rig Deal Is More Evidence of a Bifurcated Market

Seadrill's big deal with French national oil company Total is not so much an unexpected breakthrough as much as further evidence of a bifurcated offshore rig market.

BP & CNOOC Sign 20-yr LNG Deal

BP and the China National Offshore Oil Corporation (CNOOC) today announced a heads of agreement for the supply of up to 1.5 million tonnes of liquefied natural

Friday Energy Facts: Gulf of Mexico 2014 Production Shut in by Storms Seen Higher than Last Year

The National Oceanic and Atmospheric Administration (NOAA) is predicting a relatively mild hurricane season, but even a fairly quiet season like last year can lead to disruptions to offshore crude oil and natural gas production in the Gulf of Mexico. read more

UK Skills Can Speed 5,000 MW China Offshore Wind Plan For 2015

In a tripartite report released Friday, the Carbon Trust has suggested China accelerate its progress with offshore wind energy by taking cues from the UK’s extensive research, funding, and deployment expertise. Like other nations, the colossus of southeast Asia has major concerns about continuing to rely on coal for energy. Show More Summary

Capitalize on the Offshore Drilling Recovery With National Oilwell Varco

The downturn in the offshore drilling industry has had a negative impact on the construction of rigs, which has negatively impacted those companies that sell parts for these rigs. However, the downturn should be short-term, and when the industry returns, so will equipment orders. Here's how to profit from this.

Next stop for Cape Wind: Seafloor

3 months agoUtilities / Energy : Smart Grid

Cape Wind, set to be the nation’s first offshore wind project, has moved on to completing geophysical surveys of the project site and offshore cable routes. Survey vessels with a suite of geophysical instruments are surveying the seafloor and subsea geology on Horseshoe Shoal and along the offshore cable route. via Next stop for Cape Continue reading ?

China and Vietnam Clash in the South China Sea

What should Hanoi do? James Manicom East Asia was stunned last week when the China National Offshore Oil Company (CNOOC) moved its most advanced drilling rig to a gas and oil block 120nm from the coast of Vietnam. Reportedly protected by dozens of Chinese coast guard ships and - according to some reports - navy ships, the move caught Hanoi off guard. Show More Summary

ABS Secures Prestigious PFLNG Classification Contract

ABS, a leading provider of classification and technical services to the global offshore industry, has been awarded the classification contract from PETRONAS, Malaysia’s national oil company,

It'd Be Senseless to Toss National Oilwell Varco Overboard

National Oilwell Varco management expects something of a temporary dip in new offshore rig orders. Nevertheless, the company's vital position in the world of energy capital equipment worldwide makes it well worth continued attention...

National Oilwell Expects Offshore Rig Demand to Slow

National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said orders fell by nearly a quarter in the first quarter and it expects demand for new

Britain’s Booming Offshore Wind Industry Could Shield Country Against Russian Gas Volatility

Switching from fossil fuels to renewable energy not only reduces greenhouse gas emissions, but is also vital to national security, says UK Secretary of State for Energy and Climate Change Edward Davey. The British Liberal Democrat Member of Parliament was

National Oilwell Varco: Offshore Slowdown Concern Is A Gift

By Stock Gamer: The share price of National Oilwell Varco (NOV) has declined by almost 12% since reaching its 52-week high of $84.71 in November 2013 primarily owing to market's concern that the company will see decline in offshore rig orders as drilling activity is expected to weaken. Show More Summary

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