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Offshore Drilling Contractor Schahin Seeking Bankruptcy Protection

Grupo Schahin filed for Brazil’s equivalent of Chapter 11, becoming the latest Petroleo Brasileiro SA contractor to seek protection from creditors as a corruption probe and a rout in oil prices limit access to funding. The post Offshore Drilling Contractor Schahin Seeking Bankruptcy Protection appeared first on gCaptain Maritime & Offshore News.

North Carolina Offers Strong Support of Oil and Gas Exploration Off Atlantic Coast

North Carolina Governor Pat McCrory on Wednesday expressed strong support for the environmentally safe and responsible offshore energy exploration off the Atlantic coast, but said that a proposed 50 mile [...] The post North Carolina Offers Strong Support of Oil and Gas Exploration Off Atlantic Coast appeared first on gCaptain Maritime & Offshore News.

Technip Wins CNOOC Tension Leg Platform FEED Project

Liuhua, China’s largest offshore oil field with an estimated 1 billion barrels of oil in place, will be developed via a pair of tensioned leg platforms (TLPs), floating structures that [...] The post Technip Wins CNOOC Tension Leg Platform FEED Project appeared first on gCaptain Maritime & Offshore News.

5 Years After BP Oil Spill, U.S. Proposes New Safety Rules On Offshore Drilling

The rules target blowout preventers and other pieces of drilling equipment that are key to well safety. The post 5 Years After BP Oil Spill, U.S. Proposes New Safety Rules On Offshore Drilling appeared first on ThinkProgress.

Bumi Armada Signs Maltese Floating LNG Storage Contract

Malaysian offshore oil & gas services provider, Bumi Armada Bhd has signed agreements this week with ElectroGas Malta Ltd whereby they will convert an existing LNG carrier into a floating LNG [...] The post Bumi Armada Signs Maltese Floating LNG Storage Contract appeared first on gCaptain Maritime & Offshore News.

FPSO Charter Bussiness for Offshore Brazil Oil Fields

MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Tartaruga Verde & Tartaruga Mestiça Oil Fields Offshore Brazil MODEC, Inc.

New offshore drilling rules proposed as fifth anniversary of Deepwater Horizon disaster nears

WASHINGTON — A week shy of the fifth anniversary of the Deepwater Horizon oil spill, the Obama administration proposed new regulations Monday aimed at strengthening oversight of offshore oil drilling equipment and ensuring that out-of-control...Show More Summary

US Well Control Regulations Proposed

U.S. Interior Department releases proposed well control regulations to ensure safe and responsible offshore oil and gas development; result of extensive consultation,

Total Pulls Out of Oman Offshore Exploration Block

French oil and gas giant Total has pulled out of a deepwater block in offshore Oman after failing to make commercially attractive discoveries, a senior Omani official told reporters on Monday.

Private companies struggle for Russian offshore opportunities: Regulation and Environment

Ask most people about Russian oil and gas production, and they’re likely to bring up the two giants: Rosneft and Gazprom. But private companies are possibly in a position to see their roles change in the country’s oil landscape, as Rosemary Griffin describes in this week’s Oilgram News column, Regulation and Environment.   Russian officials are considering […]

Dubai: New Drydocks Record

 Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, handled 37 projects simultaneously in the Dubai yard,

U.S. Offshore Oil Drilling Rule Planned

The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic

New U.S. offshore oil drilling rule planned: New York Times

WASHINGTON (Reuters) - The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic BP Plc oil spill in the Gulf of Mexico, the New York Times reported on Friday, citing Obama administration officials. Show More Summary

Opposition Rises to Increased Nuclear Power Use; Offshore Drilling Support Rebounds

Predictably, opposition to increased use of nuclear power has spiked after the Japan crisis. But support for offshore drilling, which dropped after last year's Gulf oil spill, has bounced ba | Comments

Five years after BP oil spill, new drilling rules planned

6 days agoNews : The Raw Story

Five years after the BP oil spill in the Gulf of Mexico, the Obama administration is pushing major new regulations for offshore oil and gas drilling, reports the New York Times. The regulations, which are likely to be formally announced on Monday, will seek to prevent the circumstances that...

Russia Wants To Melt More Arctic Sea Ice

Russia's deputy prime minister says his country needs to expand drilling rights and allow for more companies to explore and develop offshore Arctic oil.

Greenpeace storms Oil Rig

Guest essay by Eric Worrall Breaking news – Greenpeace have stormed an oil rig being towed to Seattle. According to The Guardian; Six Greenpeace activists protesting Arctic offshore drilling on Monday boarded a drill rig as it was transported across the Pacific Ocean toward Seattle, where it will be staged for drilling on Shell leases…

Shell And BG Agree Mega Gas And Offshore Deal, New Round In Consolidation?

Royal Dutch Shell made an agreed cash and share offer on BG Group Plc to bolster its LNG and exploration presence and widen its geographical spread in times that relatively lower oil prices make new exploration projects harder. The move...Show More Summary

Siem Offshore Wins 100 Million Euro Subsea Cable Installation Job

As the offshore oil and gas sector continues to struggle while oil and gas firms reduce their CAPEX, offshore contractors and shipowners such as Van Oord and Siem Offshore are [...] The post Siem Offshore Wins 100 Million Euro Subsea Cable Installation Job appeared first on gCaptain Maritime & Offshore News.

#TheCrossing demonstrates Greenpeace hypocrisy, cowardice

Unlike most criminals, Greenpeace brags about its crimes. The media loves it and much of the time, the police treat them pretty gently. Has Greenpeace gone too far this time? They’ve snuck aboard an offshore oil drilling vessel, and filmed themselves in this act of piracy. Two questions: When will Greenpeace undo the damage they’ve […]

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