Offshore oil platforms are hotbeds of biological diversity.
By Sarfaraz A. Khan: By Sarfaraz A. Khan and Gohar Yousuf W&T Offshore (WTI) is a 30-year old independent oil and natural gas producer with more than 26 years of experience of operating offshore oil and gas properties. The company was founded, and is currently headed, by the business mogul and racing enthusiast Tracy Krohn. Show More Summary
Coast Guard fire boat response crews battle the blazing remnants of the Deepwater Horizon offshore oil rig on April 21, 2010. The accident lead to a 16 month suspension for BP from obtaining U.S. government contracts or leases. Photo by U.S. Show More Summary
By Confero: Petroleum Geo-Services (OTCPK:PGSVY) from Norway is one of the major seismic services providers for offshore oil exploration. For the moment PGS is not a good investment, but is worth following considering the dividend and profit growth. Show More Summary
March 12 (Bloomberg) — Repsol SA, Spain’s biggest oil producer, will spend about $95 million drilling its first well offshore from Namibia as the African nation pursues a commercial discovery, [...] The post Repsol to Use Rowan Renaissance Drillship to Place $95 Million Bet Offshore Namibia appeared first on gCaptain Maritime & Offshore News.
Reuters - Brazil's Petroleo Brasileiro SA may find as much as 10 billion barrels of oil in a group of offshore exploration blocks bought from the government in an oil-for-stock swap,
The self-described "Congressman With Guts" Alan "I live to hug trees" Grayson, has been caught with his offshore oil drilling well in his hand, as he is outed for profiting on the sale of foreign oil company stock he owned. That's right,...Show More Summary
Drydocks World and Maritime World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, has announced that it has reached
By Adam Galas: Several weeks ago I wrote an article about my favorite offshore oil driller Seadrill (SDRL). In it I argued that the company was massively undervalued and represented an extraordinary long-term opportunity for capital gains and high income. Show More Summary
Ghana to start long-delayed gas processing from Jubilee field in Q3 ||| Accra - Ghana will start processing gas from its offshore Jubilee oil field by September following long delays, the head of state-run Ghana National Petroleum Corporation (GNPC) said on Monday. Show More Summary
Reuters - Brazil's state-run oil company, Petroleo Brasileiro SA, said on Friday that it had discovered new, good-quality oil deposits in the so-called sub-salt region.
Reuters - Seadrill, the world's largest offshore oil driller by market capitalization, has completed the issue of a 1,500 million Swedish crowns ($234.18 million)
COLUMBIA, S.C. — Dispersants are often used in oil spill responses because they may mitigate the environmental impacts of the spill by moving the oil from the water surface into the water column enhancing its biodegradation. While this...Show More Summary
EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, today announced
Brazilian tycoon Eike Batista's bankrupt shipmaker and sister oil company are extending tests in the offshore Tubarão Azul field until March 7, according to a Wednesday securities filing.
Offshore drilling rig rates will continue to fall in the coming period and the rate spread between old and new equipment will continue to widen, Rune Lundetrae,
STX Offshore and Shipbuilding has won a 746 billion won (US$696.5 million) order today to build 13 crude oil tankers including three Suezmax and ten Aframax-sized vessels, according to an exchange [...] The post STX Shipbuilding Wins Major Crude Tanker Order appeared first on gCaptain Maritime & Offshore News.
Devastation before the first drill bit descends: But one environmental group warns that damage to marine life from seismic air guns probing for pockets of oil and gas would mean bigger losses for commercial and recreational fisheries,...Show More Summary
ByAbba's Aces: Transocean Ltd. (RIG) is an international provider of offshore contract drilling services for oil and gas wells. The company reported earnings after the market closed on 26Feb14 and on the surface all the results wereShow More Summary
Photo via IPAAT/Panoramio Neft Dashlari is a city built on stilts in the Caspian Sea, the largest offshore oil city in the world. It, like many other Soviet Era developments and wannabe utopian villages, is now a shadow of what...