Lebanon will begin exploratory drilling for offshore oil and gas in 2019, Energy and Water Minister Cesar Abi Khalil said Friday, as the country hopes to find resources to shore … Click to Continue »
Crude imports into the Louisiana Offshore Oil Port increased by 4.628 million barrels in November, as refinery maintenance season came to a close and amid a relatively stable Dubai/WTI spread. The move higher also comes as traders seek to draw down inventories to lower year-end tax bills. Show More Summary
oil rigs, offshore drilling, drilling rigs, " data-medium-file="http://gcaptain.com/wp-content/uploads/2017/11/shutterstock_186528737-300x194.jpg" data-large-file="http://gcaptain.com/wp-content/uploads/2017/11/shutterstock_186528737-800x518.jpg" />By Jennifer A. Show More Summary
By Sheela Tobben (Bloomberg) — A 1,000-foot ship will likely pull up to a buoy floating in the Gulf of Mexico next year, hook up its hoses and usher the U.S. into a new era as a major oil exporter. The Louisiana Offshore Oil Port, which...Show More Summary
(University of Houston) A team of researchers from the University of Houston is working with the oil industry to develop new ways to predict when an offshore drilling rig is at risk for a potentially catastrophic accident.
(National Academies of Sciences, Engineering, and Medicine) The Gulf Research Program of the National Academies of Sciences, Engineering, and Medicine today announced awards for six new projects totaling $10.8 million. All six projects...Show More Summary
The US crude blend LOOP Sour was lighter and sweeter in November, even as the Louisiana Offshore Oil Port saw increased imports of Iraqi Basrah Light and Kuwaiti crude oil. The oil terminal allocates one of its eight underground caverns...Show More Summary
by Ron Bousso (Reuters) Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. Officials from the world’s largest...Show More Summary
Evercore analysts are pounding the table on offshore oil stocks. Catch-up time!
Imports of Venezuelan crude into the Louisiana Offshore Oil Port have totaled over 7 million barrels from January to November this year, almost three times the 2.5 million barrels in the same period of 2016, according to US Customs data. Show More Summary
Four tankers are on their way to the Louisiana Offshore Oil Port, three likely carrying Iraqi crude and a fourth partly laden with unknown barrels, according to cFlow, Platts’ trade-flow software. The VLCC Sophia sailed from Iraq through...Show More Summary
The Norwegian oil firm Statoil has confirmed its final investment decision to develop what will be the "world's first" floating wind energy project — the Hywind wind farm pilot park offshore Peterhead in Aberdeenshire (Scotland)
In Brazil, a proposed bill would drastically lower the country's federal taxes on the country’s vast offshore oil reserves - undercutting much of the global competition in the oil sector while increasing climate change risks worldwi...
Leading Emergency Response and Rescue Vessel (ERRV) operator Atlantic Offshore Scotland Ltd, has secured a two-year firm charter with Maersk Oil UK. The company’s ERRV Ocean Troll, will provide Emergency Response and Rescue services for Maersk Oil’s Culzean project in the central North Sea. Show More Summary
Offshore shipping company Atlantic Offshore has secured a two-year charter with Maersk Oil in the UK for the use of the Emergency Response and Rescue (ERRV) Ocean Troll. For the charter, which commenced in July 2017, Ocean Troll will...Show More Summary
Department of Interior considers withdrawing retaliation protections for offshore oil workers; unions re-examine their role in the wake of sexual harassment revelations; America's fastest-growing jobs are also among the lowest-paying jobs; and migrant women continue to face exploitation on the job.
offshore drilling rig " data-medium-file="http://gcaptain.com/wp-content/uploads/2017/10/shutterstock_206778061-300x200.jpg" data-large-file="http://gcaptain.com/wp-content/uploads/2017/10/shutterstock_206778061-800x534.jpg" />By Gwladys...Show More Summary
Imports of Iraqi crude oil to the Louisiana Offshore Oil Port declined from September to October as US Gulf Coast refiners experienced fall turnaround season and as the Dubai/WTI spread remained historically wide. LOOP imported about...Show More Summary
Norway’s first offshore oil platform to be remotely operated from land has now come online with the opening of the land-based control room in Bergen, Norway. Statoil announced Thursday the opening of the Valemon control room, from where the Valemon platform will be remotely-controlled. Show More Summary
oil rigs, offshore drilling, drilling rigs, " data-medium-file="http://gcaptain.com/wp-content/uploads/2017/11/shutterstock_186528737-300x194.jpg" data-large-file="http://gcaptain.com/wp-content/uploads/2017/11/shutterstock_186528737-800x518.jpg"...Show More Summary