Industry News

‘Quest for Oil’ videogame takes the drilling rig to the living room

Diamond Offshore oil gas platform ocean courage
“Quest for Oil” simulates the operation of an offshore drilling rig and what it takes to find and produce crude. The clock is ticking, investments worth millions of dollars are at stake, and the goal is to produce more oil than your opponent, Maersk ... […]

US led world in oil growth in 2012, BP report shows

Posted on June 12, 2013 at 6:18 am by Harry R. Weber in Crude oil, featured U.S. oil production growth was the largest in the world last year, showing that despite some suggestions to the contrary, crude is plentiful, BP Chief Executive Officer Bob Dudley said Wednesday. Via FuelFix

Ensco adds another drillship to its fleet as deep water booms

Posted on June 12, 2013 at 4:00 pm by Emily Pickrell in featured, Gulf of Mexico, Offshore   Ensco  has announced plans to add a drillship to its fleet as demand for the deep-water vessels and platforms continues in the Gulf of Mexico, West Africa and other hot spots. Source Here...

US House committee passes three oil & gas bills

Washington (Platts)--12Jun2013/527 pm EDT/2127 GMT A US House of Representatives committee on Wednesday approved three Republican bills aimed at expanding domestic oil and natural gas production, setting up likely approval by the House sometime this summer. But faced with opposition from the Obama administration and […]

Virginia Beach NAACP rallies behind Rep. Rigell offshore drilling bill

June 11, 2013|By Todd Allen Wilson, | 804-643-0499 The Virginia Beach chapter of the NAACP threw its support this week behind federal legislation sponsored by U.S. Rep. Scott Rigell, R-Virginia Beach, to lift the moratorium on drilling for natural gas and oil in the […]

U.S. House Panel Approves Measure to Expand Offshore Drilling

A U.S. House of Representatives committee voted 23 to 18 to approve a measure that would expand oil drilling in federal waters in the Atlantic and Pacific ... to Source

Model offshore wind turbine to send first electrons into US grid this week

... of a cost-effective, job-creating, innovative U.S. offshore wind technology." The goal also includes reducing the the cost of offshore wind to 10 cents per kilowatt hour by 2020, in order to compete with other forms of electricity generation ... Go to Source

Bipartisan oil deal a positive step

Agreements with those nations could become critical if the United States takes the prudent step to open more offshore areas to potential oil and natural gas drilling. Expanding the areas that are open to offshore drilling would be move us toward energy ... See all stories […]

Approval of Offshore Drilling Safety Institute Wins Commendation from Antonio

As a business leader who serves as the chairman of the board at offshore drilling service company Blue Marine Technology Group, Antonio Juan Marcos Issa remains focused on discovering opportunities for development in the industry. According to Issa, in ... Go to Source

Offshore drilling proponents launch new push on Capitol Hill

The oil and gas industry and their allies in Congress are renewing a campaign to expand drilling along the U.S. coastline, The Houston Chronicle reports. "There ... to Source
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