Info Articles

Why the Offshore Drilling Recovery Is Real

Yahoo! Finance | Matthew DiLallo | August 19, 2019 After several years of declines, the offshore drilling market is on track to see its first annual increase in investment spending since crude oil prices started tanking in 2014. The industry's rebound should continue for several years, even though oil prices […]

Democrats Abandon Obama-Era Energy Policy For “Radical” Green New Deal Approach

InsideSources | Michael Graham | August 12, 2019 Democratic presidential candidates want the American people to know that they are taking the threat of global climate change seriously. More seriously, in fact, than even former President Barack Obama or 2016 nominee Hillary Clinton. As a […]

Murphy Green-lights King’s Quay FPS

Offshore Engineer | August 9, 2019 Murphy Oil has sanctioned the King’s Quay project in the US Gulf of Mexico, the US independent revealed in its second quarter earnings report. Anchored by the deepwater Khaleesi/Mormont and Samurai developments, the King’s Quay floating production system (FPS) […]

The COASTAL Act Will Protect the Energy Future & Environmental Legacy of the Gulf of Mexico & Alaska

For Immediate Release: Friday, August 2, 2019 Contact: Justin Williams, (202) 465-8464, The COASTAL Act Will Protect the Energy Future & Environmental Legacy of the Gulf of Mexico & Alaska  Washington, D.C. – National Ocean Industries Association (NOIA) Vice President for Government and Political […]

Opinion: Offshore Oil Is Crucial for U.S. Security

Wall Street Journal | Jim Webb and Jim Nicholson | July 15, 2019 Offshore oil exploration has become the strategic bull’s-eye of America’s energy debate. A recent federal court decision blocked the Trump administration’s reversal of President Obama’s late-term executive order that withdrew certain areas […]

Editorial: The time is right for Virginia to get serious about offshore wind energy

The Virginian-Pilot | Editorial Board | July 10, 2019 PEOPLE CAN ARGUE about the details, now that Dominion Energy has started building Virginia’s first offshore wind energy project off the coast of Virginia Beach. But no one should minimize the significance of this move toward […]

Oil majors evacuate U.S. Gulf platform staff before storm

Reuters | Collin Eaton | July 9, 2019 HOUSTON (Reuters) - Major U.S. oil producers on Tuesday began evacuating and shutting in production at their deepwater Gulf of Mexico platforms in advance of a tropical disturbance expected to become a storm this week. A tropical […]

New Jersey selects Denmark’s Orsted for major offshore wind project

Reuters |Nichola Groom | June 21, 2019 New Jersey on Friday selected Denmark’s Orsted A/S to develop a 1,100-megawatt wind project off the coast of Atlantic City, the largest ever offshore wind procurement by a U.S. state. Orsted’s proposal received unanimous approval at a meeting […]

US Reliance On OPEC Oil Hits 30-Year Low

Daily Caller |Michael Bastasch | June 13, 2019 U.S. crude oil imports from the Saudi Arabian-led OPEC fell to a 30-year low, according to the latest federal figures. OPEC imports fell to 1.5 million barrels per day in March, which is the lowest level since […]

Offshore Energy Moratoria Hurt American Consumers and Workers

For Immediate Release: Wednesday, June 19, 2019 Contact: Justin Williams, (202) 465-8464, Offshore Energy Moratoria Hurt American Consumers and Workers Washington, D.C. - NOIA President Randall Luthi issued the following statement ahead of today’s House Natural Resources Full Committee Markup of bills: “Today’s markup […]
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