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Senators Support Oil and Gas Exploration Offshore Virginia

“Virginia is well positioned to be a national leader in offshore energy exploration,” noted Virginia Senator Tim Kaine in a press statement yesterday. Well no kidding. It seems completely ridiculous [...]

Apple defends offshore decisions that result in low taxes

Apple pays a fair share of the taxes it owes the U.S. and other nations, its CEO said Tuesday, despite criticism from U.S. senators that the company is ducking taxes by shifting profits to subsidiaries that the company does not consider tax residents of any nation. Show More Summary

FBI Agents Killed In Training Accident Worked In Elite Unit

5 days agoNews : The Two-Way

Christopher Lorek and Stephen Shaw were members of the bureau's Hostage Rescue Team, which stands ready to deploy around the nation and the world. They died while training offshore near Virginia Beach, Va.

Chinese Oil Company Chooses Kongsberg Drilling Software

Kongsberg Oil & Gas Technologies (KOGT) signed a significant software contract with Chinese National Offshore Oil Company (CNOOC) to deliver the class-leading SiteCom

Lloyd’s Register Holds Offshore Technical Committee

Lloyd’s Register’s Global Technology Center in Singapore held its inaugural Offshore Technical Committee last week with representatives from national and international oil companies,

Ted Danson: Offshore Oil Drilling Stopped in Belize's Barrier Reef, in Major Victory

Given the high frequency of oil spills in offshore drilling operations, the decision to green-light drilling operations in the Belizean Barrier Reef led to a fierce national debate. It appeared the government was likely to prevail. But things have now changed in Belize.

Seven Spectacular Places Saved by the Environmental Movement

The first Earth Day, in 1970, was inspired by anger. The nation was a mess. Four million gallons of oil from a blown offshore well were smearing California beaches. Flames leapt from the surface of Ohio’s Cuyahoga River. Bald eagles,...Show More Summary

University Unveils Subsea Extreme Engineering Centre

UK's Newcastle University to lead a national centre for subsea & offshore engineering in a major drive to develop new materials & technologies. The Neptune

RichieLeaks: Massive Document Dump Exposes Identities of Anonymous Offshore Accounts

2 months agoPop Culture / Celebrity : Gawker

If you're a rich person hiding your money from the taxman on a tiny island nation, you'd better call your bank. (Also: fuck you.) A massive trove of documents has exposed the offshore holdings of hundreds of individuals and companies...Show More Summary

National Hyperbaric Center Join Hands with Unique System FZE

Unique System FZE, a Unique Maritime Group company which is an integrated turnkey subsea and offshore solution providers signs a joint venture with the National

Yesterday the Middle East changed forever, and you didn’t know it

Israel now is pumping natural gas from one of the enormous offshore fields which will transform Israel into an energy-independent nation and a global energy powerhouse: Natural gas from the offshore Tamar field was pumped to Israeli shores for the first time Saturday, four years after its discovery, in preparation for its first use in [...]

Weekly Performance Update On 7 Offshore Drilling Stocks

By Power Hedge: This was a very volatile week for the overall market, as measured by the S&P 500 index due mostly to the developing financial fiasco in the small European nation of Cyprus. The market rallied on Monday, corrected very...Show More Summary

NOIA President Comments on Senators' Proposed Offshore Revenue Sharing Bill

National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement commenting on the proposed offshore revenue sharing Senate Energy

Eni SpA Sells Mozambique Stake to China National Petroleum Corp.

Eni (NYSE: E) announced today that it would sell a 28.57% share of its stake in Mozambique's Area 4 offshore natural gas prospect to China National Petroleum Corp. (CNPC). The deal will leave Eni with 50% ownership of Area 4, and CNPC will hold 20%, according to Eni's press release. Show More Summary

Australian Government Finds An Extra $20M To Attract Offshore Production

Don Groves is a Deadline contributor based in Sydney. Unveiling the government’s National Cultural Policy on Wednesday, Oz arts minister Simon Crean disappointed the industry with the news that Australia will not be raising its location rebate for foreign films wanting to shoot locally from 16.5% to 30%. Show More Summary

Japan Test Production of Frozen Subsea Gas

Japan to begin the world’s first offshore drilling operation to extract frozen natural gas locked under the seabed. Japan Oil, Gas & Metals National Corp.

QUICK NEWS, February 27: WHAT U.S. OFFSHORE WIND NEEDS; MASSACHUSETTS PLANNING FOR MORE SUN; 2,500MW WYOMING WIND MOVES AHEAD

WHAT U.S. OFFSHORE WIND NEEDS Fulfilling the Promise of U.S. Offshore Wind; Targeted State Investment Policies to Put an Abundant Renewable Resource within Reach February 22, 2013 (National Resources Defense Council) “Offshore wind is...Show More Summary

Mammoth Gulf Oil Spill Trial Begins

With billions of dollars at stake, the trial to figure out how much more BP and other companies should pay for the nation's worst offshore oil spill began today with the federal government saying the oil giant was mostly to blame for a disaster caused by putting profits ahead of...

High-Stakes Trial Begins for 2010 Gulf Oil Spill

(NEW ORLEANS) — A high-stakes trial started Monday to assign blame and help figure out exactly how much more BP and other companies should pay for the nation’s worst offshore oil spill. Attorney Jim Roy, who represents individuals and...Show More Summary

High-Stakes Trial Begins for 2010 Gulf Oil Spill: BP plc (ADR) (BP), Transocean LTD (RIG), Halliburton Company (HAL)

NEW ORLEANS (AP) — A high-stakes trial started Monday to assign blame and help figure out exactly how much more BP plc (ADR) (NYSE:BP) and other companies should pay for the nation’s worst offshore oil spill. U.S. District Judge Carl Barbier said he would hear opening statements Monday and the first witness would take the [...]

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