Industry News
Oil Services Find Hope in Giant Windmills Anchored to Ocean Bed
Bloomberg | September 21, 2016 | Joe Ryan Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With the collapse of offshore drilling, the company has turned to helping harvest another energy resource: wind. Gulf […]
Offshore Arctic Development; Alaskans Look North to Future
Real Clear Energy | September 16, 2016 | Mead Treadwell Alaska’s state motto, “North to the Future,” represents our state as a land of promise. Alaskans believe in that promise, and in an overwhelming response to the Department of Interior’s Bureau of Ocean Energy Management […]
New National Offshore Wind Strategy not Enough to Meet Growing Energy Demands
For Immediate Release: Friday, September 6, 2016 Contact: Nicolette Nye, (202) 465-8463, nicolette@nullnoia.org New National Offshore Wind Strategy not Enough to Meet Growing Energy Demands Washington, D.C. – NOIA President Randall Luthi issued the following statement on the new National Offshore Wind Strategy announced today: “As the United […]
Statoil Renews Push into Arctic Oil Basins
Wall Street Journal | September 6, 2016 | Kjetil Malkenes Hovland Norway’s Statoil ASA said Tuesday that it was pushing deeper into the Arctic, shopping for Barents Sea drilling licenses in a bid to add resources and maintain output over the coming decades. The 67% […]
Commentary: Knowledge has helped industry drill safely in Arctic for decades
Fuel Fix | September 9, 2016 | Nikki Martin As environmental groups continue to try to find ways to ban fossil fuel development, they often point to pictures of snow-covered tundras to make the point that we “just don’t know enough” about the Arctic environment […]
NOIA Commends U.S. House on Passage of the Innovation in Offshore Leasing Act
For Immediate Release: Tuesday, September 6, 2016 Contact: Justin Williams, (202) 465-8464, jwilliams@nullnoia.org NOIA Commends U.S. House on Passage of the Innovation in Offshore Leasing Act Washington, D.C. – NOIA President Randall Luthi today issued the following statement on the House’s passage of H.R. 5577, the […]
Interest In The Arctic Continues
E&P Magazine | September 1, 2016 | Lucas Frances The coming months are a critical time for communities in America’s Arctic. The administration, through the Bureau of Ocean Energy Management (BOEM), will soon finalize the next five-year plan for the Outer Continental Shelf (OCS) and determine if lease sales […]
Oil discoveries at 70-year low signal supply shortfall ahead
Bloomberg | August 30, 2016 | Mikael Holter Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year, they’ll probably find even less, spurring new fears about their ability to meet future demand. With oil prices down by more […]
Oil prices rise on U.S. weather fears, OPEC speculation
Reuters | August 30, 2016 | Ahmad Ghaddar Oil futures rose on Tuesday supported by production suspensions in the U.S. Gulf due to an expected tropical storm and speculation that producers meeting in Algeria next month will act to prop up prices. Brent crude futures […]
Industry Shows Continued Commitment to U.S. Economic & Energy Security at Western Gulf of Mexico Oil and Gas Lease Sale
For Immediate Release: Wednesday, August 24, 2016 Contact: Nicolette Nye, (202) 465-8463, nicolette@nullnoia.org Industry Shows Continued Commitment to U.S. Economic & Energy Security at Western Gulf of Mexico Oil and Gas Lease Sale Washington, D.C. – NOIA President Randall Luthi issued the following statement on today’s Western Gulf […]
