Offshore oil drilling in the Atlantic has been canceled by the Obama Administration, but the federal government still plans to allow seismic blasting to explore for oil and gas resources
By Joe Ryan (Bloomberg) — Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With the collapse of offshore drilling, the company has turned to helping harvest another energy resource: wind. Show More Summary
The Company: Viking Systems International is a worldwide leader in the advanced design, analysis and 3rd party verification of structures, focusing on the offshore oil and gas industry,
The Koch brothers are behind a new public relations campaign for oil and gas, but that won'd stop offshore wind energy development in the Obama To Koch Bros: I’ll See Your PR Plan & Raise You 86 Gigawatts Of Offshore Wind Energy By 2050...Show More Summary
French oil services company Bourbon said on Thursday that any rebound in oil and gas prices will take a while to reach companies in the offshore marine sector because
Checking the daily weather forecast is something most of us do out of habit. Now, fishermen, offshore oil workers and even surfers can do the same with the Atlantic's "ocean weather," thanks to a model prediction tool created by professor of marine, earth and atmospheric sciences Ruoying He and his team.
BEIJING (Reuters) - The Chinese government is considering imposing penalties on offshore oil companies that damage marine environment, state media said on Monday, the latest effort by Beijing to clamp down on environmental pollution and tackle risks from oil leaks.
Offshore surveys are a necessary precursor for both Oil & Gas (O&G) and renewable energy installations on the seafloor. Particularly for new projects in remote regions,
Offshore oil and gas operators have shut-in approximately 19.52 of of the current oil production in the Gulf of Mexico as Tropical Storm Hermine makes its way across the eastern portion of the Gulf towards Florida. The National Hurricane...Show More Summary
Over the weekend, Russia signed a deal with Iran to build $1 billion worth of offshore drilling rigs. Speaking to Sputnik, a Russian Iran expert and officials from the Russian and Iranian firms involved in the oil rigs deal commented on the prospects for Russian-Iranian economic cooperation, which in their words, is only just beginning.
Future plans for the offshore oil rig Transocean Winner which ran aground on Scotland’s Isle of Lewis earlier this month are still uncertain as the rig sits at anchor in stable condition. Back at the grounding site at Dalmore Bay, divers...Show More Summary
By Stine Jacobsen STAVANGER, Norway, Aug 30 (Reuters) – Restructuring the debt of struggling offshore oil service vessel (OSV) and drilling rig companies will take years to complete and complex cases must go through multiple stages, an executive at top Norwegian bank DNB told Reuters on Tuesday. Show More Summary
Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Depression No. 9. The Bureau of Safety and
Offshore oil and gas operators in the Gulf of Mexico have started evacuating platforms and rigs in the path of a Tropical Depression 9, the Bureau of Safety and Environmental Enforcement said Monday. Based on data from offshore operator reports submitted as of 11:30 a.m. Show More Summary
Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC) have signed a deal worth $1 billion to build five offshore
Oil services firm Solstad Offshore, which has a fleet of 44 wholly owned or partly owned vessels, reported a drop in operating profit to NOK 98 million in Q2 compared to NOK 219 million a year ago as low oil prices continue to keep exploration...Show More Summary
OSLO, Aug 25 (Reuters) – Norway-listed offshore driller Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, said the oil industry may be turning a corner as it posted second-quarter earnings above forecasts on Thursday. Show More Summary
by Mikael Holter (Bloomberg) Oil and gas companies operating in Norway, western Europe’s biggest producer, cut investment forecasts further for this year and next as they continue to weather a two-year long collapse in crude prices.Show More Summary
Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area,
The International Transport Workers Federation is slamming offshore oil companies operating in North Sea after a report claimed that many are using a complex web of companies to move money and avoid paying taxes. The ITF says the new...Show More Summary