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Trend Results : Offshore Oil


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Oil industry experiments with remote control

Oil and gas companies are moving their control of some offshore platforms to offices on land to cut costs. ||| Oslo - Oil and gas companies are moving their control of some offshore platforms to offices on land to cut costs and improve efficiency, but labour unions say such moves reduce safety. Show More Summary

EPL Oil & Gas Inc (EPL), Stone Energy Corporation (SGY): Here Is Why I Don’t Put This Offshore Player on My Buy List

One of the main energy producers in the U.S. Gulf of Mexico (GOM) is EPL Oil & Gas Inc (NYSE:EPL). EPL Oil & Gas Inc (NYSE:EPL)‘s operations are concentrated in the untapped reservoirs of the GOM shelf, focusing on the waters of offshore Louisiana. The stock has almost doubled over the last twelve months, making [...]

Decom North Sea to Host Lunch and Learn Event

Decom North Sea (DNS), the offshore oil and gas decommissioning forum, will host a lunch and learn to provide attendees with an insight into supply chain companies’ decommissioning capabilities.

Angola Ships First Offshore LNG Cargo

The first cargo was sold to Angola's state oil & gas company and is currently being shipped to Brazil by the  LNG carrier 'SS Sonangol Sambizanga',

Could Offshore Energy Be Coming to a State Near You?

Offshore drilling technology has opened the door to drill for oil in places we never thought possible, and in some cases in places where we had not found oil previously. This, and the desire for the U.S. to become more energy independent, has put drilling for oil off the Atlantic Coast on the table again. Show More Summary

Oceana's Michael Levine testifies against a reckless offshore oil bill

Michael Levine testifying before Congress | Courtesy Alaska Wilderness League Yesterday, Michael LeVine, Pacific Senior Council, Oceana, testified on the “Offshore Energy and Jobs Act” (H.R. 2231) in front of the U.S. House of Representatives Subcommittee on Energy and Mineral Resources of the Committee on Natural Resources. Show More Summary

Byron King: Forget OPEC. North American Energy Plays Bring Profits Home

By The Energy Report: Looking for profits in the oil and natural gas space? Look no further than shale plays, energy service companies and offshore oil drilling opportunities in the U.S., says Byron King of Agora Financial LLC. In this interview with The Energy Report, King discusses how dwindling exports to the U.S. Show More Summary

Six Reasons Arctic Offshore Drilling Cannot Be Done Safely

Even the best-prepared, best-equipped, and most technologically advanced oil company has no business drilling for oil in the Arctic. It is simply not possible to do it safely here.

LUKoil Joins Cote d'Ivoire Offshore Project

Russia’s largest privately held oil company LUKoil has acquired a 65 percent stake in an oil exploration and production project at block CI-504 off Cote d'Ivoire in the Gulf of Guinea, LUKoil said on Tuesday.

Energy XXI Limited: Vastly Undervalued, Nicely Hedged, And Shareholder Friendly

By Michael Fitzsimmons: Energy XXI Limited (EXXI) engages in the acquisition, exploration, development, production, and operation of oil & gas properties onshore in Louisiana and Texas, and offshore in the Gulf of Mexico. EXXI has several...Show More Summary

Taking pictures on an offshore oil rig is serious business

This is fascinating. I’m sure there are lots of photography jobs with very strict requirements like this one. Would be fun to do a column on all the weird photo jobs out there. If anyone has one they want to write about let me know. For starters, due to the risk of flammable gas coming [...]

NRG Energy Inc (NRG), General Electric Company (GE): The Winds of Change Are Upon Us

Since 1980, the federal government has had a ban on any oil and gas development on the Atlantic coast. But the Bureau of Ocean Energy Management just announced that it will be auctioning offshore leases off the coast of Rhode Island and Massachusetts in July. If there is a ban on oil production, then why [...]

Chinese Oil Company Finds Partner in Search for Oil in Iceland

Cnooc Ltd. (NYSE: CEO), the Hong Kong and U.S. listed arm of China National Offshore Oil Corp., has reached an agreement to partner with Iceland's Eykon Energy to explore for oil off the northeast coast of Iceland. China and IcelandShow More Summary

Malaysian Firm To Buy Fred. Olsen Production in $170 Million Deal

OSLO, June 10 (Reuters) – Malaysian offshore oil services firm Yinson Holdings Bhd is bidding $170 million for Norwegian shipping firm Fred. Olsen Production and has secured a majority of [...]

Indian Board to Review Offshore Vessel Deal

The Oil & Natural Gas Corporation (ONGC) Board is expected to take up a proposal to place orders with the Netherland's IHC Offshore & Marine BV for a well stimulation

The Winds of Change Are Upon Us

Since 1980, the federal government has had a ban on any oil and gas development on the Atlantic coast. But the Bureau of Ocean Energy Management just announced that it will be auctioning offshore leases off the coast of Rhode Island and Massachusetts in July. Show More Summary

BP Seeks to Rein in Oil Spill Claims

BP is fighting to rein in settlement awards related to 2010 Deepwater Horizon Disaster, which killed 11 workers and caused the worst offshore oil spill in US history. The UK oil company has for months been seeking ways to restrain settlement claims, arguing its financial recovery is in peril and that it may become a [...]

Gazprom Neft to Quit West Africa Offshore Project

Gazprom Neft, the oil arm of Russian energy giant Gazprom, is considering quitting a project to develop two blocks off the West African coast, the company's first deputy CEO Vadim Yakovlev said on Friday, referring to the results of exploration.

Maritime and Offshore Oil and Gas Collaboration Highlighted at #NorShipping

The offshore industry is “a legitimate child” of the marriage between oil and gas as well as maritime companies, says Sturla Henriksen, Director General of the Norwegian Shipowners’ Association.

American Petroleum Institute Taps McGuireWoods Consulting

The leading trade group for the oil and natural gas industry has tapped the lobbying arm of McGuireWoods for help in Washington. McGuireWoods Consulting is advocating for the American Petroleum Institute on offshore oil and natural gas exploration, liquefied natural...

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