Industry News

Forum Energy CEO sees chances for more acquisitions

Posted on July 28, 2013 at 5:00 am by Houston Chronicle in Deals, featured, Oil field services By Jeannie Kever Forum Energy Technologies was formed through a five-way merger three years ago and hasn’t stopped growing. The acquisition of Moffatt 2000 Ltd., announced earlier this month, was the company’s 14th, and CEO Cris […]

Authorities See No Sheen Near Burning Gulf Rig

By Kevin McGill and Jane McCounnaughey NEW ORLEANS (AP) — An out-of-control natural gas well burned Wednesday off Louisiana hours after it ignited following a blowout, though authorities said there was no sign of a slick on the surface of the water. The Bureau of […]

BSEE, Coast Guard Provide Response Oversight to Rig Fire

NEW ORLEANS - The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard are continuing to oversee Walter Oil & Gas Corporation’s response efforts to secure the natural gas well and extinguish the subsequent fire that started after the operator’s loss of well […]

Hercules Offshore Provides Update To Incident On Jackup Drilling Rig Hercules 265

HOUSTON, July 24, 2013 /PRNewswire/ -- Hercules Offshore (NASDAQ:  HERO) today provided updates to the incident aboard jackup drilling rig Hercules 265, a 250' mat-supported cantilevered unit, operating for Walter Oil & Gas Corporation in the U.S. Gulf of Mexico OCS lease block South Timbalier 220.  Late yesterday evening, the natural gas flowing from […]

Energy Journal: The Big Business of Big Rigs

Posted at 6:27 am Jul 24, 2013 By Ben Winkley It’s a good time to be in offshore oil rigs. High oil prices have encouraged exploration and industry data from Rigzone shows 85% of the world’s rig fleet is now being used, even as more rigs […]

Shell awards contract for world’s deepest floating production facility

Posted on July 23, 2013 at 11:59 pm by Emily Pickrell in Gulf of Mexico, Offshore A Dutch offshore services company will provide a floating production platform for Royal Dutch Shell’s Stones field project in the Gulf of Mexico, which the companies say will be the deepest-water field served by […]

NOIA’s Randall Luthi Testifies at Senate Hearing

Contact:  Nicolette Nye, (202) 465-8463, nnye@nullnoia.org   NOIA’s Randall Luthi Testifies at Senate Energy and Natural Resources Committee Hearing Says Revenue Sharing and Offshore Access are Inextricably Linked   Washington, DC – During testimony today at a Senate Energy and Natural Resources Committee hearing on […]

Media Advisory: NOIA’s Randall Luthi to Testify at Senate Energy & Natural Resources

For Immediate Release: Monday, July 22, 2013 Contact:  Nicolette Nye, (202) 465-8463, nnye@nullnoia.org     NOIA’s Randall Luthi to Testify at Senate Energy and Natural Resources Committee Hearing   NOIA president Randall Luthi will testify before a Senate Energy and Natural Resources Committee hearing tomorrow […]

New oil platforms rise high to reach deep

Posted on July 22, 2013 at 6:56 am by Zain Shauk in Gulf of Mexico, Offshore INGLESIDE — The giants are visible from more than 20 miles away, rising like monuments from the shores of the Gulf of Mexico. They are oil platforms under construction — huge structures of steel […]

NOIA Surprised by Secretary Jewell’s Unfamiliarity with National Ocean Policy

For Immediate Release: Wednesday, July 17, 2013 Contact:  Nicolette Nye, (202) 465-8463, nnye@nullnoia.org   NOIA Surprised by Secretary Jewell’s Unfamiliarity with National Ocean Policy, Encouraged by Her Statement on Including New Areas in Future Offshore Leasing Plan   Washington, D.C. – During a House Natural […]
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