The robotics division of Helix Energy Solutions Group, Canyon Offshore, has entered into an agreement with Louisiana-based Otto Candies for the charter of the Jones Act-compliant Inspection, Maintenance and Repair (IMR) vessel Ross Candies. The charter will commence in July 2019 upon completion of a previously scheduled regulatory dry dock. Canyon expects the vessel to … [Read more...]
Trump Said to Ease Drilling Rules Sparked by 2010 Gulf Oil Spill
By Jennifer A. Dlouhy (Bloomberg) -- The Trump administration is poised to relax offshore drilling requirements imposed in response to the Deepwater Horizon disaster that killed 11 people in 2010 and unleashed the worst oil spill in U.S. history. The Interior Department will unveil its final plan Thursday to ease some of the mandates, following industry complaints … [Read more...]
Trump Drive to Boost Fossil Fuels Hits a Wall in Federal Courts
By Jennifer A. Dlouhy (Bloomberg) -- From easing regulations on coal mining to opening more federal land to oil drillers, President Donald Trump has kept a laser focus on bolstering the U.S. fossil fuel industry to achieve what he calls “energy dominance.” Time and time again, federal judges have gotten in the way. The latest setback came April 19, when a judge ruled … [Read more...]
Trump Administration Sidelines Offshore Drilling Plan After Court Ruling
By Valerie Volcovici WASHINGTON, April 25 (Reuters) - The Trump administration's plans to expand offshore drilling are on hold after a March court ruling blocked drilling in the Arctic and Atlantic, Interior Secretary David Bernhardt told the Wall Street Journal. The newly-confirmed secretary in an article published on Thursday said the agency's five-year plan for oil and … [Read more...]
Keppel Plans to Add 1,800 Staff at Offshore and Marine Unit
SINGAPORE, April 18 (Reuters) - Singapore conglomerate Keppel Corp is planning to 1,800 staff this year at its offshore and marine business, the first time the company is hiring for the division after cutting thousands of jobs since 2015. The slump in oil prices in 2014 and a global oversupply of drilling rigs had hit orders at the company's O&M division, but demand is … [Read more...]