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The Virginia pipeline controversy

Just a few years ago, Gov. Terry McAuliffe (D) seemed to be a reasonable advocate of a healthy mix of energy sources. He boosted renewables and opposed offshore oil and gas drilling. He was suspicious of dangerous, dirty coal. Read full article >>

BP Plans Deeper Drilling for Offshore Oil Despite Ruling

Even as it faces $50 billion in potential liabilities from the worst U.S. offshore oil spill, BP Plc is leading the effort to extract crude from deep below the sea, a place as extreme and inhospitable as the surface of Mars. The post BP Plans Deeper Drilling for Offshore Oil Despite Ruling appeared first on gCaptain Maritime & Offshore News.

Cat, Deltamarin Develop Modular FPSO Power Unit

Caterpillar Launches New Modular Solution Developed with Deltamarin for FPSO and Offshore Platform Main Power at 2014 Rio Oil & Gas Expo and Conference Caterpillar

How Costly Is The Biggest Offshore Oil Spill In U.S. History For BP?

By Khuldune Shahid: The verdict is in. BP Plc has been charged with gross negligence with regards to the biggest offshore oil spill in American history. District Judge Carl Barbier who held the trains sans jury has given his verdictShow More Summary

Petrobras Monthly Update: August Oil and Gas Production From Brazil Rises By 2.9% Over July

The rise in Petrobras’ hydrocarbon production was primarily driven by the ramp up of P-55 and P-58 platforms at Roncador and Parque das Baleias (Whale Park) fields, respectively. Both the fields are located in the offshore Campos Basin that holds more than two-thirds of the company’s total proved hydrocarbon reserves in Brazil.

Maersk Sells Ven Drilling Barges

Danish shipping conglomerate A.P. Moller-Maersk said on Tuesday its offshore oil and gas drilling unit has sold its Venezuelan barge activities. Maersk Drilling

Petrodollar Panic: EU Officials Admit Buying Oil From ISIS

We recently explained how ISIS remains so well funded but what was unclear was who exactly what purchasing their 'recently-provisioned' oil reserves? The assumption being some desperate third-world nation or some scheming offshore hedge-fund...Show More Summary

Noble Corp. Fleet Analysis: After The Paragon Offshore Spin-Off

By Fun Trading: (Picture from Noble website: Bully I) Noble Corp. (NYSE:NE) is a top-tier offshore drilling company. Founded 93 years ago, the company provides offshore oil contract drilling services and has expanded worldwide. Noble Corp. Show More Summary

Seadrill Dividend Prospects

By Thomas Pangia: Seadrill, Ltd. (NYSE:SDRL) is an investor favorite in part because of its dividend, nearly 13% at the time of writing. SDRL is a provider of offshore drilling rigs for the oil industry, contracting out the rigs to oil producers and refiners like Total S.A. Show More Summary

The Forest Vs. The Trees Of The Offshore Drilling Industry

By Warren Mitlak: The companies that provide offshore oil drilling services have been falling quite a bit lately. On Friday, all of the offshore drilling companies that I regularly read about on Seeking Alpha fell to new 52 week lows...Show More Summary

Jellyfish Spark Oil Spill Scare in Buzzard’s Bay, MA

A large concentration of jelly fish was found to be the source of reported pollution Friday in Buzzard's Bay, Massachusetts. The post Jellyfish Spark Oil Spill Scare in Buzzard’s Bay, MA appeared first on gCaptain Maritime & Offshore News.

Forecasted North Sea Oil Production

How much can an independent Scotland rely upon? The U.S. Energy Information Administration has just released its International Energy Outlook. Figure 1: Norway and offshore UK Oil production in millions of barrels (black), North Sea oil production, actual through 2013 and forecast (blue), and high and low price forecasts. Source: EIA. EIA does not report […]

Bibby Offshore Opens Office in Stravanger, Norway

  Bibby Offshore Holdings Limited, [the subsea services provider to the oil & gas industry, is pleased to announce its continued international expansion

Caterpillar Delivers 100th Generator Set in Brazil

Caterpillar Oil & Gas announce the successful delivery of the 100th offshore generator set featuring Brazilian local content from the company’s Piracicaba, Brazil manufacturing facility.

4 Reasons To Still Like SeaDrill After The Earnings Miss

By Jason Ditz: It's extremely tough days for offshore oil and gas drillers lately, with heavy competition putting pressure on margins, and companies missing earnings estimates pretty much across the board. SeaDrill Limited (NYSE:SDRL)...Show More Summary

Sea Trucks Signs $130m Facility for Offshore Newbuild

Sea Trucks Group Limited, an international oil and gas marine contractor with a track record in the key oil and gas producing regions, particularly West Africa,

Offshore Oil Drilling Market to Suffer through 2015

A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and

7 Ways to Profit From the Next Era in Offshore Drilling

Offshore drilling is expected to grow immensely in coming decades. This article explains how you can get rich from a new oil production technique.

Why There May Be Cause For Concern Over Seadrill's Dividend

By Bob Ciura: Offshore oil driller Seadrill Ltd. (NYSE:SDRL) has a huge dividend working in its favor with investors. Indeed, Seadrill's 11.3% yield is truly massive, even in a generally high-yielding sector. Competitors like Transocean Ltd. Show More Summary

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