News

New York’s Prized Sea Scallop Faces Off Against Offshore Wind

Bloomberg |Chris Martin and Jennifer A Dlouhy | May 23, 2019 Developers pushing to install massive wind turbines in the waters off New York and New Jersey have run into a delicate yet mighty foe: the Atlantic sea scallop. Prized for their sweet and tender meat, […]

Opinion: Politicians are blocking America’s offshore energy boom

FOXBusiness | Jim Nicholson | May 21, 2019 Up and down the East Coast, state lawmakers are fighting the Trump administration's efforts to allow natural gas and oil development in the Atlantic. These politicians recently adopted a novel tactic -- they're blocking construction of onshore […]

9 Things This Well-Respected Oil CEO Wants Investors to Know About the Oil Market

The Motley Fool | Matthew DiLallo | May 20, 2019 Few companies can measure the pulse of the oil market better than National Oilwell Varco (NYSE:NOV). As the oil industry's leading equipment maker, it knows precisely where oilfield service companies are spending money on drilling […]

Department of Defense Appropriations Amendment Needlessly Stalls Offshore Wind Development

For Immediate Release: Tuesday, May 21, 2019 Contact: Justin Williams, (202) 465-8464, jwilliams@nullnoia.org Department of Defense Appropriations Amendment Needlessly Stalls Offshore Wind Development  Washington, D.C. – National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement regarding an amendment to the House of […]

House Interior Appropriations Bill Creates Catch-22 for Land and Water Conservation Fund, Offshore Development

For Immediate Release: Wednesday, May 15, 2019 Contact: Justin Williams, (202) 465-8464, jwilliams@nullnoia.org House Interior Appropriations Bill Creates Catch-22 for Land and Water Conservation Fund, Offshore Development Washington, D.C. – National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement on the House […]

Virginia Republicans Back Offshore Oil and Gas Exploration, With Some Reservations

RadioIQ | Matt Laslo | May 14, 2019 The Trump administration has sent conflicting messages on its plan for oil and gas drilling off Virginia’s coast. But it now seems to be moving ahead with plans to explore the reserves sitting at the bottom of […]

Offshore Wind Will Need Bigger Boats. Much Bigger Boats

Bloomberg | Lars Paulsson, Jeremy Hodges & Chris Martin | May 13, 2019 How do you install a wind turbine almost the size of the Chrysler building in the open ocean? Just get a boat with deck space larger than a football field and a […]

WoodMac: Exploration survey shows industry optimistic amid geopolitics

Oil & Gas Journal | Paula Dittrick | May 13, 2019 Wood Mackenzie said its 11th annual exploration survey shows the oil and gas industry foresees a return to profits enabling exploration of promising prospects. WoodMac surveyed 258 senior energy leaders and exploration professionals worldwide. […]

Oil industry under-invested in Gulf of Mexico?

FOX Business May. 08, 2019 Fieldwood Energy CEO Matt McCarroll on the state of the oil market, Anadarko's decision to go with Occidental's buyout offer over Chevron and address environmental concerns over drilling in the Gulf of Mexico. Video Link

OTC 2019: Hess VP says offshore oil ‘a growth business’

Offshore | May 11, 2019 HOUSTON – Growing demand for energy and for petroleum products will spur offshore activity in the near term and the upstream oil and gas industry needs to be ready to answer that need, said Gerbert Schoonman, Vice President, Global Production—Offshore, […]
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