Industry News

Last Cuban offshore oil project ending for now

A Russian oil company using a Norwegian-owned drilling rig is temporarily pulling out of Cuban waters without finding any significant sources of crude, but industry watchers say it is too soon to dismiss Cuba's offshore energy potential. The Songa ...

PHOTOS: State-of-the-art platform prepares for Gulf of Mexico Journey

INGLESIDE — Royal Dutch Shell is about to move a mountain, towing its new state-of-the-art Olympus platform for duty in the Gulf of Mexico’s deep water. The Olympus, designed to operate in water depths of 3,000 to 5,000 feet, will be Shell’s sixth tension leg […]

New oil spill response system is leaner- even at 50 tons

At 50 tons and 30 feet tall, the smaller capping stack in the Marine Well Containment Co.’s arsenal still isn’t exactly tiny. But this newest offering, announced on Wednesday, is designed to be more easily used in smaller spaces, where bigger capping stacks would be a tight […]

US Coast Guard, BSEE to regulate mobile offshore drilling units

The US Bureau of Safety and Environmental Enforcement (BSEE) and the US Coast Guard have announced they will be joining hands to effectively regulate ... www.offshore-technology.com/.../newsus-coast-guard-bsee-co...

First US offshore wind lease auction to be held in July

Yesterday, the US Department of Interior announced that it would hold its first-ever competitive auction for offshore wind leases. The auction will take place at the end of July and provide companies with access to two sites situated south of Newport ... Ars Technica

API cites growing support for opening areas to offshore drilling

06/05/2013 By Paula Dittrick OGJ Senior Writer Broad, bipartisan support is building among lawmakers at the state and federal levels for expanding access to offshore oil and gas drilling and development, said Erik Milito, American Petroleum Institute director of upstream and industry operations. Speaking to reporters […]

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. “There is broad support from both policymakers and the public” for “tapping into oil and natural gas resources off our coasts ... FuelFix

The Final Frontier in Offshore Drilling: Subsea Rigs – Financial Sense

Faced with increasingly challenging offshore drilling environments -- whether in the Arctic, the deep water of the Gulf of Mexico, or in Brazil's pre-salt formations ... www.financialsense.com/.../final-frontier-in-offshore-drilling-s...

US Schedules First Competitive OffshoreWind-Lease Auction for July 31

WASHINGTON--The U.S. Interior Department on Tuesday set a date next month for the first-ever competitive auction of federal acreage to offshore-wind developers, taking another stride toward permitting wind farms in the Atlantic Ocean. The department ... Via The Wall Street Journal

Interior Dept. plans for offshore wind energy draws GOP fire

GOP lawmakers on Tuesday sharply criticized the Interior Department's move to hold the nation's first offshore wind lease sale. Sen. David Vitter (La.), the Environment and Public Works Committee's top Republican, said it amounted to the Obama ...Via the Hill
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