Bibby Offshore, a leading subsea services provider to the oil and gas industry, today announced that it has secured a significant contract with Shell. The campaign, due to commence in Q1 2017, will see Bibby Offshore provide engineering and…
Offshore Gulf of Mexico hydrocarbons can only become more accessible over the mid- and long-term.Source; SmallCap Network The Trump administration promises an "all of the above"energy strategy, based on fossil fuels and achieving "energy independence." So please, with enough ignorance already (40% of Americans cannot even name a fossil fuel!),stop the [...]
The next round of bidding for 10 deep-water oil fields offshore Mexico's coast is seen as the “crown jewel,” with a reserve potential up to 11 billion barrels. It will be a key test of state-owned oil company PEMEX and its ability to do business with international investors.
Donald Trump has vowed to "rip up" the Paris climate agreement, repeal the Clean Power Plan, and scrap NASA's Earth science research while reviving the coal industry, approving the Keystone XL pipeline, and expanding offshore oil drilling.
Lifting and marine product specialist Rigmarine has opened its fourth global facility in the rural village of Insch, 30 miles to the northwest of Aberdeen, Scotland. The site, strategically positioned to serve the offshore oil and gas, renewables…
SINGAPORE, Nov 25 (Reuters) – Singapore plans to offer financial assistance to its liquidity-hit marine and offshore engineering companies that could help them raise as much as S$1.6 billion ($1.1 billion) in loans. The two-year downturn...Show More Summary
By Mikael Holter (Bloomberg) — Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore investment. The companies expect to invest 147 billion kroner ($17.2 billion) next...Show More Summary
When you think state-of-the-art, you probably don’t think of offshore oil rigs. They seem like utilitarian pieces of infrastructure that have been around for decades. That’s true for most of them, but here are some of the most technically advanced oil rigs in the world The Atlantis Deepwater Oil Rig BP’s Deepwater oil rig is... Show More Summary
Environmentalists are cheering the Obama administration’s new five-year plan for offshore drilling, with some major reservations. The plan, released on Friday, puts most of most of the Arctic Ocean off-limits to oil and gas drilling for the next five years — but climate hawks wanted it to go...
“The good news is we now have an offshore leasing plan for the next five years that includes a schedule for regular oil and gas sales in the Gulf of Mexico. The bad news is it is only half a plan. Offshore energy development is a vital part of the U.S.
The Obama administration said Friday it was banning offshore oil drilling in the Arctic through 2022, a move that prompted widespread praise from conservation groups but raised questions over how long the decision will stand just two months before President-elect Donald Trump takes office. A new...
This afternoon, the Bureau of Ocean Energy Management (BOEM) issued its final plan for oil and gas leasing on the Outer Continental Shelf (OCS) for the five years between 2017...
A five-year offshore drilling plan announced on Friday blocks planned sale of new oil and gas drilling rights in the Chukchi and Beaufort seas north of Alaska The post Barack Obama blocks new oil and gas drilling in Arctic Ocean appeared first on Macleans.ca.
The Obama administration will soon announce its five-year plan for managing offshore oil and gas (OCS oil + gas leasing) from 2017 to 2022. Because of potential impacts on tourism and the environment, in its March draft version of the...Show More Summary
By Mikael Holter (Bloomberg) — The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is in for even more pain, according to the head of the Norwegian Shipowners’ Association....Show More Summary
By Ari Natter and Jennifer A. Dlouhy (Bloomberg) — A long-shot bid to convince the Obama administration to use 24 words of a 1953 law to permanently restrict oil development off the U.S. Atlantic and Arctic coasts is gaining support from environmentalists concerned about Donald Trump’s victory. Show More Summary
Trump has pledged to sharply increase oil and gas drilling on federal lands and open up offshore drilling in the Atlantic Ocea The post How Trump could roll back Obama’s energy, environment policies appeared first on Macleans.ca.
WASHINGTON - MARCH 16: William Reilly, co-chairman of the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, testifies on Capitol Hill on March 16, 2011 in Washington, DC.(Photo by Brendan Hoffman/Getty Images) There have been lots of rumors about who President-elect Trump is going to pick to [...]
Bibby Offshore, the leading subsea services provider to the oil and gas industry, has this year been awarded two contracts from Shell to provide inspection services on assets in the Corrib Natural Gas field in the North Atlantic Ocean. The first contract…
By Ed Stoddard CAPE TOWN, Nov 7 (Reuters) – Somalia looks more likely to strike oil than gas in its long pursuit of offshore riches, making it easier for the African state to exploit any windfall but also potentially upsetting the fragile recovery led by its Western-backed government. Show More Summary