Offshore Drilling

Wildcatter hunch unlocks $1.5 trillion oil offshore US

Posted on September 16, 2013 at 7:12 am by Bloomberg in featured, Gulf of Mexico, Offshore Texaco Inc. geologist Robert Ryan didn’t suspect he was helping change the energy future of the Gulf of Mexico when he gave the go-ahead for a well that would […]

Russia Moves Closer to Tax Relief for Offshore Hydrocarbons

MOSCOW, Sept 11 (Reuters) - Russian lawmakers approved tax relief for offshore fields containing hydrocarbons essential for boosting production in the remote regions of the world's top energy producer, a representative for a Duma committee told Reuters on Wednesday. Russia is offering new tax relief […]

Media Advisory: VA Energy & Opportunity Forum

For Immediate Release: Wednesday, August 28, 2013 Contact:  Robert Myers, (202) 465-8464,  NOIA’s Randall Luthi to Moderate Panel at Virginia Energy & Opportunity Forum “A Discussion with Virginia’s Gubernatorial Candidates” NOIA President Randall Luthi will moderate an expert panel discussing Virginia’s Opportunities for Offshore […]

Western Gulf Sale Shows Continued Focus on Deepwater

For Immediate Release: Wednesday, August 28, 2013 Contact:  Nicolette Nye, (703) 732-0801,    Western Gulf Sale Shows Continued Focus on Deepwater   Washington, D.C. – National Ocean Industries Association President Randall Luthi today issued the following statement on bidding in Western Planning Area Lease Sale 233: […]

Feds push stricter rules for offshore oil and gas production systems

Posted on August 21, 2013 at 8:53 am by Jennifer A. Dlouhy The Obama administration on Wednesday proposed a rule to tighten standards for oil and gas production systems used offshore, in a bid to keep pace with the industry’s march into deeper waters and more challenging […]

Anadarko pushes boundaries with newest deep-water platform

Posted on August 20, 2013 at 5:45 am by Zain Shauk INGLESIDE — Of the towering oil platforms under construction along the Texas coast, one stands out because it can’t yet stand. It’s a 23,000-ton cylindrical column the length of two football fields, and it […]

Foreign payments fight could jeopardize US-Mexico drilling pact

Posted on August 19, 2013 at 1:20 pm by Jennifer A. Dlouhy The oil industry is jeopardizing efforts to unlock nearly 1.5 million acres of Gulf of Mexico waters for drilling by aggressively opposing a federal mandate to disclose foreign payments, according to a former […]

Oil Drillers in Gulf of Mexico Brace for Storm

WSJ By ALISON SIDER Marathon Oil Corp. MRO -0.46% and BP BP.LN -0.12% PLC said they are evacuating some workers from the Gulf of Mexico as a storm makes its way from the Caribbean Sea toward the U.S. gulf waters... Full Story

Fossil Fuel Production on Federal Lands Drops

Fossil fuel production on U.S. federal lands took another dip during fiscal year 2012, even as energy production nationwide soared to a record high, according to the U.S. Energy Information Administration. During fiscal year 2012 — which ended last Sept. 30 and is the most […]

Spill containment company in constant race to keep up with oil boom

Nathanial Gronewold, E&E reporter Published: Tuesday, August 13, 2013 HOUSTON -- As drilling in the Gulf of Mexico expands well beyond the scale of where it was before the 2010 oil spill, the owner of the world's largest spill containment system is racing to catch […]
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