Category: Offshore

BP selling stakes in Alaska’s North Slope to Houston company

BP is selling off stakes in four Alaskan oil fields near the gigantic Prudhoe Bay, a move that would cut about 15 percent of its crude production in the state, the company said late Tuesday.  More »

Baker Hughes forms subsea production unit with Aker Solutions

Baker Hughes and Norwegian subsea firm Aker Solutions will collaborate to develop technology for ramping up oil production and prolonging the lifespan of deep-water fields, the companies said Tuesday.  More »

Emerald Isle seeks black gold offshore

Fergus O’Dowd, Ireland’s Minister of State for the NewEra project, visited Houston this month to push the European nation’s oil and gas potential.  More »

Former drilling chief: US ‘on a course to repeat’ Gulf oil spill

Former Minerals Management Service Director Elizabeth Birnbaum says the Obama administration “still has not taken key steps . . . to increase drilling safety.”  More »

Community colleges leading the charge to educate the next generation of oilfield workers

This past week I had the privilege of speaking at the Spring Summit for an organization called UPSTART 360, which aims to bring together HR professionals in the oil & gas industry to tackle some of the toughest staffing problems companies face today. I spoke at one session, giving some outlooks for hiring trends in the field of petroleum engineering, but the session that really made an impact on me was one I chaired that same day, on partnerships between the educational system and industry to train the next generation of oilfield workers.  More »

Drilling suspended after waves strike rig

Anadarko Petroleum suspended drilling while it evaluates the status of a Gulf of Mexico drilling rig hit by heavy waves Tuesday morning.  More »

Danish firm finds platform for expansion in Houston

Danish consulting firm Ramboll Oil & Gas Co. is the latest company from overseas to look to Houston as a launching pad for a broader expansion into the U.S. and offshore.  More »

George Bush Library launches offshore drilling exhibit (photos)

The George Bush Presidential Library has launched an exhibit that tells the story of offshore drilling, highlighting technological innovations in the industry and the former president’s work as a Texas oilman.  More »

Regulator: Many companies holding back info in safety audits

In the safety audits, several offshore oil and gas operators were too reluctant to give information, likely because they believed that “too much honesty might spark increased scrutiny from the regulators,” a top regulator said in Houston Thursday.  More »

Offshore safety problems linger despite new efforts, Coast Guard admiral says

Despite mandatory offshore safety codes, the U.S. Coast Guard continues to find dozens of problems on deep-water drilling rigs and other vessels, even after oil companies have complied with rules for years and have anticipated inspections for months, a federal regulator said Thursday in Houston.  More »

Feds confront industry skepticism on new safety hotline

Federal regulators are pleading with the oil industry to ‘fess up when they dodge accidents at offshore production platforms, rigs and drillships.  More »

Feds clearing path for Pacific wave energy test

The Interior Department is sending out a feeler for companies interested in harnessing wave power off the Pacific Northwest before allowing a Oregon State University project to advance.  More »