The governors of California, Oregon, and Washington, as well as Florida’s Republican governor, are opposing the U.S. Department of the Interior’s plan to open more than 90 percent of the Continue Reading
There are two big complications when it comes to capitalizing on America’s federal waters. (Bloomberg Gadfly) — Energy dominance begins at home, and that includes any beachfront property you might Continue Reading
The Trump administration on Thursday proposed opening nearly all U.S. offshore waters to oil and gas drilling, a move aimed at boosting domestic energy production that sparked protests from coastal Continue Reading
A new offshore license schedule from the Trump administration could “open the floodgates” for drillers in the outer continental shelf, an advocacy group said. A spokesperson for the U.S. Bureau Continue Reading
It will be the deep waters like offshore Guyana that look commercial in the current market and make big and national oil companies turn a head, analysis found. Consultant group Continue Reading
Two offshore oil platform rigs are under construction in Port Fourchon, La. The Trump administration’s proposed changes to offshore oil drilling rules are raising fundamental questions over whether safety regulators Continue Reading
Third parties will no longer need to verify whether some safety features for offshore oil and gas drilling work as designed, the U.S. government proposed. The Bureau of Safety and Continue Reading
The Trump administration’s Interior Department proposed Friday regulations that would scale back some of the safety regulations for offshore drilling put into place by the previous administration in the wake Continue Reading
A U.S. regulator has proposed rolling back safety measures put in place after the 2010 Deepwater Horizon oil spill, which would reduce the role of government in offshore oil production, Continue Reading
UK and Scottish government representatives see a bright future. The North Sea oil and gas industry isn’t done yet, that’s the message UK and Scottish government representatives want to get Continue Reading
Offshore driller Ocean Rig UDW Inc is preparing to explore a sale amid pressure from some of its largest shareholders to review its strategic alternatives, according to three people familiar Continue Reading
The oil rig was built mostly in China and drilled its first well in Cuba. Now it’s delivering a victory for Russia in its fight against U.S. sanctions. Italian oil Continue Reading
In a sign that Brazil’s offshore sector is competitive in a world of $50–$60 oil prices, two large oil companies just announced significant investments in oil fields in the South Continue Reading
Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump, everywhere apart from Asia. That’s despite Asia being the world’s biggest consumer of Continue Reading
Syria plans to start gas exploration in its offshore areas in early 2019, and has signed contracts for five offshore blocks with “friendly countries”, local media quoted Syrian Oil and Continue Reading
The subsea sector still supports around 45,000 jobs in the UK, despite the recent downturn in oil and gas, according to Subsea UK’s latest business activity review. The subsea sector Continue Reading
The operator of a damaged North Sea crude pipeline has invoked a clause that exempts it from fulfilling contracts, underlining the scale of the damage that has sent oil and Continue Reading
Moving ahead of the word of a U.S. offshore drilling program for the Atlantic, a Florida Democrat called on his colleagues to pass legislation to block access. U.S. Sen. Bill Continue Reading
Exports of natural gas from one of the North Sea’s key fields have been halted for at least three weeks until early January, after the closure of Britain’s largest oil Continue Reading
The Forties oil and gas pipeline shutdown on Monday, caused energy prices in the United Kingdom to spike in the afternoon, according to a new report by Reuters . Brent Continue Reading
This briefly covers the production side as the hurricane outages are dominating the trends at the moment, but there’s a section at the end on discoveries and reserves that may Continue Reading
The sale of gas fields in the British North Sea could be a sign that bigger companies are losing interest in an area with a bit of a future, analysis Continue Reading
New oil production is on pace to start in December from a floating production facility off the east coast of Scotland, Premiere Oil said Thursday. “In the United Kingdom, the Continue Reading
Royal Dutch Shell Plc said it was in the process of developing a plan for repairing the damaged parts at its Enchilada platform and re-deploying personnel following its shutdown after Continue Reading
Royal Dutch Shell said on Tuesday that production at four oil platforms in the Gulf of Mexico has been shut in the wake of a Nov. 8 fire at its Continue Reading
Russian oil producer Lukoil said it may be setting up a partnership to work in the Mexican waters of the Gulf of Mexico. File photo by A.J. Sisco/UPI Nov. 13 Continue Reading
Final sea trials for the Blue Whale II underwater drilling rig are now underway , according to the technology’s producer, CIMC Raffles, marking a new milestone drilling rig developments. The Continue Reading
Final sea trials for the Blue Whale II underwater drilling rig are now underway , according to the technology’s producer, CIMC Raffles, marking a new milestone drilling rig developments. The Continue Reading
Royal Dutch Shell Plc shut its Enchilada platform in the U.S. Gulf of Mexico on Wednesday after an operational incident that caused injuries to two people. The U.S. Coast Guard Continue Reading
As leaders in the U.S. House take up an offshore drilling bill, pressure has mounted on the U.S. government’s lack of oversight for protection of public lands. The Accessing Strategic Continue Reading
Big energy companies with deep pockets could carve out a durable U.S. position on the global energy market with offshore production, analysis found. The U.S. Energy Information Administration reported total Continue Reading
The Trump administration made history Tuesday in proposing that nearly 77 million acres in the Gulf of Mexico be made available for companies wanting to purchase federal oil and gas Continue Reading
The highest-profile happening was a new offshore petroleum lease sale — announced last Tuesday by the Department of Interior. It will make available the largest swath of drilling acreage ever Continue Reading
In a historic auction for deepwater oil assets in Brazil, the oil majors showed up on October 27 and bought several offshore blocks, indicating a high level of interest in Continue Reading
GoM C&C production for July by BOEM was 1746 kbpd and by EIA 1761, compared with, respectively, 1631 and 1634 kbpd (corrected) in June. The EIA number is a new Continue Reading
With the opening of what’s described as the biggest grab of U.S. offshore assets ever, an analyst said the region is best suited for the biggest of firms. U.S. Interior Continue Reading
BOEM proposes lease sale for nearly 77 million acres in Gulf of Mexico. The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) on Tuesday proposed what it Continue Reading
Last quarter, offshore drilling rig companies retired more rigs than ever before in a three-month period, according to one energy advisory firm. Embattled Transocean is sending six floating rigs to Continue Reading
Transocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost about $15,000 a day. The move by the world’s biggest offshore-rig operator Continue Reading
An offshore drilling act critics said was “wish list” legislation for the oil and gas industry was hailed as a strategic win by House Republican leadership. The House Natural Resources Continue Reading
About 71 percent of U.S. Gulf of Mexico oil production is offline ahead of Tropical Storm Nate, the U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) Continue Reading
Members of the U.S. House next week take up a measure on offshore drilling that advocates say checks off the wish-list for the oil and gas industry. The House Natural Continue Reading
Demand for offshore rig rental globally is starting to recover from its worst ever downturn, led by oil firms’ growing demand for harsh-environment exploration and triggering multi-billion dollar tie-ups among Continue Reading
A subsidiary of Chevron terminated a contract for a rig working in deep U.S. waters in the Gulf of Mexico nearly a year early, Transocean announced. “A subsidiary of Chevron Continue Reading
BP Plc halted production at its Thunder Horse platform in the U.S. Gulf of Mexico on Monday following a power outage, a company spokesman confirmed on Tuesday. The benchmark for Continue Reading
Seadrill Ltd ., one of the world’s largest offshore drilling companies, has filed for Chapter 11 bankruptcy protection at the Southern District Texas court as part of a plan to Continue Reading
Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going offline Continue Reading
Production Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going Continue Reading
About 5.5 percent of the U.S. Gulf of Mexico’s oil production, or 96,000 barrels of daily output, remained shut on Sunday after Hurricane Harvey made landfall in Texas more than Continue Reading
It was night, stormy, and the oil rig Transocean Winner was somewhere in the North Atlantic on 7 August 2016 when her tow-line broke. No crew members were on board. Continue Reading
