Industry News

Cape Wind gets $200M investment from Danish fund

BOSTON (AP) — The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what the wind farm's president said Tuesday is a milestone for the long-delayed project. In a statement announcing the commitment, ...

City of Charleston Embraces Offshore Wind, Welcomes Opportunity

South Carolina has the second greatest offshore wind resource on the entire East Coast—enough wind to power millions of homes and create thousands of jobs for South Carolinians. Leveraging Charleston's assets such as its world-class port facilities, ...

Deepwater Activity Statistics – New Discoveries Worldwide Driving Deepwater

Until the early 1990s, offshore exploration and drilling in deepwater areas was considered an economically unattractive option, as it is more expensive, more challenging, and more risky than shallow water offshore drilling. However, with the near ...

Preparing for hurricanes, 1,200 miles away from the Gulf

Posted on June 18, 2013 at 7:00 am by Jennifer A. Dlouhy in Beaumont, Politics/Policy, Weather More than 1,200 miles away from the Gulf of Mexico, scientists and government officials will be huddling on June 27 to strategize ways to safeguard offshore oil platforms and […]

A U.S. production soars, oil companies eye far horizons

Posted on June 18, 2013 at 12:01 am by Harry R. Weber in Beaumont, featured, Offshore Even as much attention focuses on the Gulf of Mexico and U.S. onshore production from shale plays, new frontiers for exploration are taking drillers, engineers, geologists and services firms to Brazil, the Arctic, Africa, Australia and parts […]

Developers hoping for big impact from first offshore wind energy turbine in US

CASTINE — VolturnUS is a small step in what investors hope will be a big impact on how electricity is produced. The DeepCwind Constorium, a University of Maine led coalition of private and public partners, developed the first offshore wind turbine to ...

How to Put a Wind Turbine in the Texas Gulf

The GoWind Project is competing with seven other offshore wind operations for money from the Department of Energy, which will choose three of the projects for full funding next Spring. Otten recently spoke to StateImpact Texas about the progress of the ...

Offshore oil industry experiments with remote control

  Tue Jun 18, 2013 4:14am EDT * BP controlling wells at Valhall offshore field from land   * Other oil companies considering following suit   * Norway is testing ground for new method   By Gwladys Fouche and Nerijus Adomaitis   OSLO, June 18 […]

Support Vessel Collides into Offshore Platform in GOM

M/V Celeste Ann, an offshore support vessel, sank Friday morning in the U.S. Gulf of Mexico. The vessel, which had 4 crew members and 19 people on board, collided with an offshore oil production platform, the Coast Guard reported. The 112-foot supply vessel struck a […]

Moniz: Unconventional oil, gas continues to change US energy landscape

While unconventional oil and gas technology breakthroughs have dramatically changed the US oil and gas outlook in the last 5 years, US Sec. of Energy Ernest Moniz said it will be important to recognize and continue progress in other forms of energy as well. “The […]
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