Friday, October 30, 2020
offshore drilling rig

Posting Loss, Exxon Warns of $30 Billion Shale Writedown

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. warned it may take up to $30 billion in writedowns on natural gas fields acquired more than a decade ago, and reported a third...

October 30, 2020
Total Views: 59

Friday, September 6, 2013
offshore europe students

Offshore Oil Sector Faces Major Skills Shortage Yet Wages Must Fall Say CEOs

By Sarah Young and Stephen Eisenhammer ABERDEEN, Scotland, Sept 6 (Reuters) – At one of the largest oil shows in the world in Scotland’s oil town of Aberdeen, hundreds of...

September 6, 2013
Total Views: 2

Saturday, June 8, 2013

Miracle In Myanmar: Can Offshore Energy Bring A Miracle?

(Bloomberg) Myanmar’s opening to foreign investment has been compared to the fall of the Berlin Wall and the start of an economic growth story to emulate Vietnam. How those views pan out...

June 8, 2013
Total Views: 1

Thursday, May 23, 2013
senator mark warner

Senators Support Oil and Gas Exploration Offshore Virginia

“Virginia is well positioned to be a national leader in offshore energy exploration,” noted Virginia Senator Tim Kaine in a press statement yesterday. Well no kidding. It seems completely ridiculous...

May 23, 2013
Total Views: 0

Sunday, November 18, 2012
west delta 32 platform fire
Fire Incidents

Body of Missing Rig Worker Found, Grand Isle Shipyard Says Torch Not to Blame for Incident

GRAND ISLE, La.–Divers searching the Gulf of Mexico for two workers missing after an explosion on an oil platform recovered the body of one Saturday night, as the U.S. Coast Guard stopped...

November 18, 2012
Total Views: 37

Monday, June 25, 2012
Heidrun Photo Oyvind Hagen Statoil

Defiant Offshore Workers Cost Statoil $19 Million Per Day

OSLO (Dow Jones) –Norwegian oil giant Statoil ASA (STO) has said it will lose about 115 million kroner ($19 million) a day due to a strike by offshore workers, and said that...

June 25, 2012
Total Views: 4

Tuesday, June 12, 2012
teekay fpso forecast

With 141 New FPSOs Currently Being Planned, Expect Significant Rise in Shuttle Tanker Demand [VIDEO]

With the expansion of floating offshore production into harsh environments such as the Barents Sea, high specification shuttle tankers will be needed to service those fields.  Additionally, Teekay reports a...

June 12, 2012
Total Views: 0

Thursday, May 17, 2012
osv bridge Rolls-Royce UT 755 LC design simek
Engineering News

Simek AS Awards Rolls-Royce £6 Million Design and Equipment Contract for New OSV

Rolls-Royce announced today they have secured a £6 million contract to provide an integrated design, power & propulsion and equipment systems package for an offshore supply vessel to be built...

May 17, 2012
Total Views: 30

Monday, May 7, 2012

Swire Pacific Expanding Fleet To Tap Global Oil and Gas Exploration

HONG KONG (Dow Jones)–Swire Pacific Ltd. (SWRAY, 0019.HK) said it will spend HK$11 billion ($1.4 billion) over the next two years on building energy support vessels to tap the robust...

May 7, 2012
Total Views: 8

Monday, April 30, 2012

Lloyd’s Register Acquires WEST Engineering Services

Lloyd’s Register announced today that it has acquired Houston-based WEST Engineering Services in a move that secures the group’s position as a premier independent risk-management organization supporting the global offshore...

April 30, 2012
Total Views: 8

Sunday, April 8, 2012

Criminal charges and $22 Billion in Lawsuits Raise Questions About Brazil – WSJ

By John Lyons, Wall Street Journal SAO PAULO, Brazil (Dow Jones)–U.S. President Barack Obama is set to meet with Brazil’s President Dilma Rousseff in Washington on Monday amid optimism for...

April 8, 2012
Total Views: 0

Tuesday, February 15, 2011

Obama’s Budget Would Charge Oil and Gas Drillers New Fees

WASHINGTON -(Dow Jones)- Oil and gas drillers would be charged new fees and royalty rates under President Barack Obama’s 2012 spending plan announced Monday. The president’s budget proposal, which would...

February 15, 2011
Total Views: 1

Tuesday, December 14, 2010

Deepwater Pathfinder runs aground – Update with DP Commentary by John Konrad

gCaptain just got word from an unofficial source that the Deepwater Pathfinder drillship ran aground while pulling into Freeport, TX to onload their blow out preventer.  One of the thrusters was reportedly...

December 14, 2010
Total Views: 10

Tuesday, September 21, 2010

Discoverer Americas – A 6th Generation Drillship Leaves the Gulf of Mexico

For Statoil and Transocean’s crew assigned to the Discoverer Americas, heading to Egypt had always been part of the long term plan, however in this case, the schedule got moved...

September 21, 2010
Total Views: 1

Monday, July 12, 2010
Oil Spill

New Ban on Deepwater Drilling Issued

The U.S. Department of Interior today has issued yet another moratorium on deepwater drilling on the Outer Continental Shelf (OCS), saying that the suspension is nesessary to ensure adequate safety...

July 12, 2010
Total Views: 1

Tuesday, November 6, 2007

New Tools Section

The good news; We have competently overhauled the tools landing page to provide direct links to our most popular features. We have launched a new feature that you may find...

November 6, 2007
Total Views: 2