Industry News

Rep. Duncan Backs Offshore Drilling Deal with Mexico

The U.S. House is expected to vote next month on legislation by Rep. Jeff Duncan, R-Laurens, that would implement the 2012 deal to allow offshore drilling in an area of the Gulf of Mexico believed to hold up to 172 million barrels of oil and […]

House GOP bill How about we get this offshoredrilling show on the

After the BP oil spill in 2010, the Obama administration backed way off of their stated plans to allow for a good bit of offshore drilling in certain mid-Atlantic and southeastern regions, and last summer they released a five-year drilling plan that was conspicuously underwhelming in its […]

Senior House GOP lawmaker revives offshore drilling bill – The Hill

A senior House Republican introduced legislation Thursday to extend offshore drilling to Atlantic and Pacifical coastal regions President Obama left out of ...thehill.com/.../302567-senior-house-gop-lawmaker-revives-of...

Diamond Offshore to build $755M rig for BP operation

Diamond Offshore oil gas platform ocean courage
Diamond Offshore Drilling has announced an agreement with Hyundai Heavy Industries to build a semisubmersible drilling rig, at a cost of $755 million. The cost includes spares, commissioning and shipyard supervision, according to the announcement by ... FuelFix (blog)

Maine Offshore Wind Buoy Looking Up

Offshore Wind Maine Lidar
When the DeepCWind Consortium at the University of Maine launches the 1:8-scale VolturnUS into the Penobscot River this Friday and then takes it out to sea, it will mark the deployment of the first grid-connected floating offshore wind turbine in U.S. waters...

Women fill nearly half of new oil industry jobs

The oil and gas business has been tapping unique groups to address its workforce crunch, turning  rocket scientists into petroleum engineers and making high-powered executives out of Gen Xers. Now another demographic is growing its footprint in the historically male-dominated industry. Women scored nearly half of  all new […]

Interior moves ahead on offshore drilling safety institute – The Hill

The Interior Department is taking steps toward implementing its years-long plan to create an “Ocean Energy Safety Institute,” which officials say will provide an independent forum for collaboration and research to improve offshore drilling safety...

Warner and Kaine introduce offshore drilling bill

jobs offshore oil rig platform worker top
The Virginia Outer Continental Shelf Energy Production Act of 2013 would expand the nation's offshore energy production with a revised five-year leasing plan, an alternative to the Obama administration's proposed 2012-2017 offshore oil and gas plan ...

Sen. Kaine doesn’t expect White House veto of Atlantic offshore

The White House also has said it won't budge on offshore drilling, even to get one of the president's energy goals — a so-called “Energy Security Trust” — off the ... thehill.com/.../301849-sen-kaine-doesnt-expect-white-house-v...

EIA: ‘Stay Tuned’ On US Oil Exports

From UPI There are a series of refinery issues in the United States that should be considered if crude oil exports are to expand, the U.S. Energy Department said. The Energy Department’s Energy Information Administration said it expects domestic oil production to increase from 6.5 […]
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