Friday, October 16, 2020
offshore rig north sea

BOEM Sets Date for Region-Wide Oil and Gas Lease Sale in Gulf of Mexico

The U.S. Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres in the Gulf of Mexico for a region-wide lease sale now scheduled for next month, Acting...

October 16, 2020
Total Views: 29


Philippines to Resume Oil Exploration in South China Sea

By Claire Jiao and Cecilia Yap (Bloomberg) –The Philippines lifted its moratorium on oil and gas exploration in disputed areas of the South China Sea, a move that was welcomed...

October 16, 2020
Total Views: 27


US Oil Majors Shift Cash From Trump To Biden

By Liz Hampton Oct 16 (Reuters) – The two largest U.S. energy firms, Chevron Corp CVX.N and Exxon Mobil Corp XOM.N, have increased their share of campaign donations to Democrats...

October 16, 2020
Total Views: 91

Thursday, October 15, 2020
shell Prelude floating LNG facility underway

Is Shell’s $17 Billion Bet On Floating LNG A Flop?

What new ship construction project has cost more than a US Navy Supercarrier and is equally troubled with delays and problems? Shell’s Prelude FLNG. by Sonali Paul (Reuters) – Royal...

October 15, 2020
Total Views: 459

Wednesday, October 14, 2020

UN Access to Decaying Yemen Tanker Could Take Weeks, Say Sources

By Aziz El Yaakoubi DUBAI, Oct 14 (Reuters) – A United Nations team will have to wait several weeks to access a deteriorating tanker off Yemen’s shore that is threatening...

October 14, 2020
Total Views: 47

Friday, October 9, 2020

Hurricane Delta: Gulf of Mexico Shut-Ins Highest Since Katrina

HOUSTON, Oct 9 (Reuters) – A large and powerful Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico energy production in 15 years, halting most of the...

October 9, 2020
Total Views: 5

Monday, October 5, 2020
offshore wind farm

Boris Johnson to Announce Major Expansion of U.K.’s Offshore Wind Capacity

By Thomas Penny and Jessica Shankleman (Bloomberg) — Boris Johnson will commit to boosting U.K. offshore wind power as part of his delayed plan for a “green industrial revolution” as...

October 5, 2020
Total Views: 22

Maritime News

2020’s 25th Named Storm Threatens Gulf Coast

By Erwin Seba HOUSTON, Oct 5 (Reuters) – Energy companies on Monday began evacuating offshore oil platforms as the 25th named storm of the year formed in the Caribbean and...

October 5, 2020
Total Views: 20

offshore wind farm

Orsted Offshore Wind Farm to Power Green Ammonia Plant for Fertilizer

By William Mathis (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind farms, plans to use its latest Dutch installation to make  for use in fertilizer. The Danish...

October 5, 2020
Total Views: 37

Friday, October 2, 2020
Maritime News

Noble Energy Shareholders Approve Chevron Takeover

HOUSTON, Oct 2 (Reuters) – Noble Energy shareholders on Friday approved a deal to sell the oil and gas producer to Chevron Corp, making Chevron the No. 2 U.S. shale...

October 2, 2020
Total Views: 19

Tuesday, September 29, 2020
Maritime News

Energy Transitions and Zero-Carbon Targets -Opinion

By John Kemp LONDON, Sept 29 (Reuters) – Policymakers in many countries have outlined plans for an ambitious transition from a system dominated by oil, gas and coal in the...

September 29, 2020
Total Views: 25

Monday, August 24, 2020
Maritime News

Twin Storms Hit U.S. Gulf Energy Production

By Erwin Seba HOUSTON, Aug 24 (Reuters) – Energy companies are moving to cut production at U.S. Gulf Coast oil refineries after shutting half the area’s offshore crude oil output...

August 24, 2020
Total Views: 12

Friday, August 21, 2020
fatih drillship black sea

Drillship Fatih Makes Huge Black Sea Discovery

By Selcan Hacaoglu (Bloomberg) President Recep Tayyip Erdogan said Turkey has found 320 billion cubic meters of natural gas in the biggest ever discovery in the Black Sea, and hopes...

August 21, 2020
Total Views: 38

Thursday, August 20, 2020

Offshore Drilling Is ‘Structurally Damaged’ And Help Is Not Coming

(Bloomberg) – President Donald Trump helped to clinch an unprecedented deal among the world’s largest crude producers, but the pact hasn’t stopped America’s oil industry from bleeding. “Offshore drilling is structurally...

August 20, 2020
Total Views: 99

Wednesday, August 19, 2020
Deepwater Champion Transocean seatrial drillship

Offshore Crisis: Recent Failures Have Created A Massive $30 Billion Financial Risk

By David Wethe and Allison McNeely (Bloomberg) Offshore oil servicers are going bust at the fastest pace in three years as explorers spurn high-cost drilling to deal with a worldwide...

August 19, 2020
Total Views: 68


Turkey Discovers Energy In Black Sea

By Cagan Koc and Selcan Hacaoglu (Bloomberg) Turkey has made an energy discovery in the Black Sea, most likely natural gas, two people with direct knowledge of the matter said...

August 19, 2020
Total Views: 21

Tuesday, August 18, 2020
Turkish drillship Yavuz

Cyprus: EU ‘appeasement’ Of Turkey In Drillship Dispute Will ‘go nowhere’

by Michele Kambas (Reuters) – Cyprus on Monday criticized European Union partners over what it said was diffidence amounting to “a policy of appeasement” in dealing with Turkey, locked in...

August 18, 2020
Total Views: 14

Kaombo Sul FPSO Angola

Total Resumes Offshore Drilling For Angolan Oil

by Noah Browning (Reuters) – France’s Total has restarted oil drilling in Angola and new exploration ships will also soon resume work, the company’s country chair Olivier Jouny told trade...

August 18, 2020
Total Views: 69

Monday, August 17, 2020

Drillship Standoff Intensifies Off Cyprus

(Reuters) – Turkey drew another rebuke from the European Union on Sunday when it said its Yavuz energy drillship would extend operations in disputed Mediterranean waters off Cyprus until mid-September....

August 17, 2020
Total Views: 8

Wednesday, August 12, 2020

Hermitage Offshore Files for Chapter 11 Bankruptcy

Offshore support vessel company Hermitage Offshore Services (NYSE:PSV) has announced that it and 28 of its vessel-owning subsidiaries have filed for Chapter 11 bankruptcy. The voluntary petitions for reorganization were...

August 12, 2020
Total Views: 38