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