Mexico’s takeover of Oceanografia SA is proving anything but a rescue for the oil services provider. The post Oceanografia Ships Sit Idle Amid Losses -Source appeared first on gCaptain Maritime & Offshore News.
By Bob Ciura: Over the past year, oil drillers like Ensco (NYSE:ESV) have been punished by the market. Investors seem to fear the near-term outlook for offshore oil drilling, noting lagging industry demand from oil companies and a global supply glut. Show More Summary
Forty-five years ago, 100,000 barrels of crude oil fouled more than 39 miles of the California coastline from Ventura to Goleta, just west of Santa Barbara. The 1969 Santa Barbara oil spill was the first offshore disaster of its kind,...Show More Summary
LOOP's Offshore Marine Terminal suspended its crude oil offloading operations on August 13 while investigating an oil sheen discovered along the pipeline. According to the terminal,
Telerik says that its customer Bhagwan Marine, a leader in servicing the oil and gas industry, together with partner, Glenfield Digital Group, has released the
SBI Offshore Limited, which is pursuing higher-value oil and gas engineering projects, said today it has secured a $24 million contract to provide design and engineering
Apache Corporation today announced an oil discovery at the Phoenix South-1 well - the company's first discovery in Australia's offshore Canning Basin.
By Christoph Aublinger: The current sale off in shares of Petroleum Geo Services (OTC:PGEJF) presents a high return opportunity for investors. PGS is a Norwegian company active in offshore surveying for the oil and gas industry. DueShow More Summary
LOOP's Offshore Marine Terminal suspended its crude oil offloading operations while investigating an oil sheen discovered along the LOOP pipeline right-of-way on August 13.
In the first issue its 'Forum' online magazine DNV GL’s Graham Bennett points out that the Macondo incident has cast a spotlight on well control standards
Roc Oil (Bohai) Company, a wholly owned subsidiary of Roc Oil Company Limited (ASX:ROC), as operator of Block 09/05, Bohai Bay, Offshore China advises that
ByRupert Hargreaves: The oil rig market can be a confusing place for inexperienced investors. For experienced investors, the market itself is not confusing, but the direction in which the industry is currently heading is almost impossible to interpret. Show More Summary
By Fun Trading: Rowan Company Plc. (NYSE:RDC) Source: UDW Rowan Renaissance - Rowan website. The company was founded in 1923 by Charles and Arch Rowan, and provides offshore oil contract drilling services and has expanded worldwide. Rowan Companies Plc. Show More Summary
Gulf of Mexico deepwater oil explorer Venari Resources LLC said on Wednesday it had raised $1.3 billion from original backers Warburg Pincus LLC, Kelso & Co,
Aker Solutions ASA, the offshore engineering company controlled by billionaire Kjell Inge Roekke, could miss opportunities to expand into Russia’s Arctic region if Europe and the U.S. uphold sanctions on the country. The post Norway Oil Services Risking Arctic Chances on Russian Sanctions appeared first on gCaptain Maritime & Offshore News.
By Dieter Plas: Fred Olsen Energy ASA (OTC:FOEAF), together with it subsidiaries, provides exploration and development services to the offshore oil and gas industry in Norway, the United Kingdom, Singapore, South Africa, Mozambique, and Brazil. Show More Summary
Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells due to a lack of interest by foreign companies for further deepwater exploration, sources close to the industry...Show More Summary
By Marc Frank HAVANA (Reuters) - Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells due to a lack of interest by foreign companies for further deepwater exploration, sources close to the industry say. Show More Summary
What else is there to add here, it is simple really: if need i) distraction from domestic scandal, ii) a ready source of emergency offshore oil or pushing US E&P companies to drill, or iii) a script for a Hollywood movie provisionally titled "Wag the dog", then just bomb the living crap out of Iraq. Show More Summary