Category: Offshore

As U.S. production soars, oil companies eye far horizons

Even as much attention focuses on the Gulf of Mexico and U.S. onshore production from shale plays, new frontiers for exploration are taking drillers, engineers, geologists and services firms to Brazil, the Arctic, Africa, Australia and parts of the Middle East and Asia.  More »
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Oil hunted in Mozambique after world’s largest gas discoveries

Statoil ASA (STL) and Tullow Oil Plc (TLW) are finishing a well aimed at achieving the first commercial oil discovery in Mozambique, the East African country where explorers have made the century’s largest natural gas finds.  More »
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Brazil says Libra oil field can reach 1 million barrels

Brazil’s largest oil prospect can “easily” reach a million barrels a day, double the output of OPEC member Ecuador, as international companies prepare to compete in an October bidding round, the chief regulator said.  More »
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House panel advances energy bills; Senate approval doubtful

The House Natural Resources Committee approved a suite of bills that aim to boost domestic energy development and ratchet up pressure on the Obama administration to open new areas to oil and gas drilling.  More »
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Ensco adds another drillship to its fleet as deep water booms

Ensco has announced plans to add a drillship to its fleet as demand for the deep-water vessels and platforms continues in the Gulf of Mexico, West Africa and other hot spots.  More »
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Republican bill would limit environmental reviews of offshore drilling

The federal government would be forced to make decisions on offshore drilling before fully scrutinizing how the work would affect coral and other ocean life under legislation advancing in the House, conservationists and a marine biologist warned Congress on Tuesday.  More »
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Texan reaches top of field with high school diploma

Figuring out the complex federal regulations of offshore drilling often is the province of high-powered attorneys from pedigreed law schools. Yet scores of offshore operators trust their compliance to Jodie Connor, a Fort Worth native with a high-school education.  More »
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Petrobras’s biggest oil discovery brings cost concerns

Investors in Petroleo Brasileiro SA (PBR), the world’s most indebted oil company, aren’t celebrating Brazil’s biggest-ever crude discovery.  More »
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Obama officials face tough questions on oil drilling, land access

Interior Secretary Sally Jewell and a top deputy are grilled before the Senate Energy and Natural Resources Committee on issues ranging from oil drilling on federal lands to how endangered species listings could affect energy development.  More »
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GE inks contract with Pemex for deep-water Gulf of Mexico projects

GE Oil & Gas has a contract worth $84 million agreement with Pemex Exploration and Production to supply and to install subsea wellheads for Pemex’s deep-water and ultra-deepwater drilling projects in the Gulf of Mexico.  More »
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An Undergraduate Degree Is Just the Beginning For Young Professionals In Oil & Gas

If you think showing up and doing a good job alone will get you to the top, think again. Furthering your education proves that you have a desire to learn more, and that you can set long term goals and follow through on them. Those pursuing graduate degrees (especially those doing so while they work) work very hard, and everything else being equal, the extra qualification could mean the difference between promotion and stagnation.  More »
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PHOTOS: Shell is moving mountains for deep-water Gulf oil

Royal Dutch Shell is showing off its new Olympus platform, docked near Corpus Christi for final preparations before it sails for the Mars B project in the Gulf.  More »
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