Industry News

For Immediate Release: Wednesday, March 22, 2017 Contact:  Nicolette Nye, (202) 465-8463, nicolette@nullnoia.org Gulf Lease Sale Reflects Improving Market, Industry Optimism Under New Administration  Washington, D.C. – NOIA President Randall Luthi issued the following statement following today’s Central Gulf of Mexico Oil and Gas Lease Sale:  “We […]

For Immediate Release: Tuesday, March 21, 2017 Contact:  Nicolette Nye, (202) 465-8463, nicolette@nullnoia.org  Tomorrow’s Central Gulf of Mexico Lease Sale Could Surprise Washington, D.C. – NOIA President Randall Luthi today issued the following statement in advance of tomorrow’s Central Gulf of Mexico Lease Sale 247:  “Tomorrow’s […]

Reuters | March 6, 2017 |  Ernest Scheyder Exxon Mobil Corp (XOM.N), the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast. The investments at […]

InsideSources | March 6, 2017 | Erin Mundahl In 2012, then-President Obama often repeated the line that the U.S. had only 2 percent of the world’s proven oil reserves, while American consumption far outpaced that. It was part of his argument for alternative fuels and […]

For Immediate Release: Wedneday, March 1, 2017 Contact:  Justin Williams, (202) 465-8464, jwilliams@nullnoia.org NOIA Applauds Confirmation of Interior Secretary Zinke, Hopeful for Recommitment to Offshore Opportunities  Washington, D.C. – National Ocean Industries Association President Randall Luthi today issued the following statement on the Confirmation of Interior Secretary […]

For Immediate Release: Tuesday, February 28, 2017 Contact:  Justin Williams, (202) 465-8464, jwilliams@nullnoia.org Offshore Energy Can Power U.S. Economic Growth Washington, D.C. – NOIA President Randall Luthi released the following statement after President Trump’s address to the joint session of Congress: “As President Trump begins work on […]

The Vindicator | February 21, 2017 | Doug Polk The nation’s energy security is stronger than it has been in decades. U.S. oil and natural gas production – thanks to the shale revolution happening in states like Ohio – has surged. We are now the […]

The Detroit News | February 19, 2017 | Andrew Langer Some parting gift: On his way out the White House door, President Barack Obama banned seismic surveying in the Atlantic Ocean from New England south to Virginia. It was a fitting end to eight years […]

Offshore Engineer | February 15, 2017 Hess Corp.’s Stampede tension leg platform moved one step closer to production Wednesday following completion of an initial pre-production inspection of its topsides by the Bureau of Safety and Environmental Enforcement (BSEE) at the Kiewit shipyard in Ingleside, Texas. […]

The Clarion-Ledger | February 10, 2017 | Patrick Sullivan Today’s 24-hour news cycle keeps people in fits over the daily reasons the sky is falling. Stories on trivial matters, while often entertaining, distract from the important issues, mainly the economy. Much needs doing at the […]