Category: Offshore

Shell outlines 2014 drilling plans

Shell is working to convince the Obama administration that it has learned from its recent mishaps and is ready to launch a new round of Arctic drilling next year.  More »

Lawmakers ask feds to freeze Arctic drilling

Nearly 60 House Democrats are pleading with Interior Secretary Sally Jewell to halt all Arctic energy development until the federal government writes new rules for the activity. Separately, conservationists recommended the Obama administration exclude four areas from a possible 2016 sale of Arctic drilling leases.  More »

Energy lawyers list industry’s hot topics for 2014

The prospect of U.S. oil exports and an increase in coal-related bankruptcies are likely to be major topics of conversation in energy circles next year, according to a discussion with lawyers from a leading firm serving the industry.  More »

Shell completes world’s largest floating facility (video)

Royal Dutch Shell PLC says it has completed building the hull of the world’s largest floating facility, which has been constructed to process natural gas off the coast of western Australia.  More »

Feds to auction eastern Gulf drilling leases

For the first time in six years, oil and gas companies will have a chance to bid for new drilling leases in the Gulf of Mexico near Alabama and Florida, during a planned lease sale next March.  More »

Pioneering offshore wind project faces deadlines

As it seeks investors, a project off the Massachusetts coast that aims to be the nation’s first offshore wind farm must reach fast-approaching benchmarks or risk missing out on hundreds of millions in critical funding.  More »

W&T shares fall sharply in face of possible regulatory action

W&T Offshore shares fell 10 percent Friday on news that U.S. regulators may bar the Houston producer from federal lease sales in the Gulf of Mexico, where it pumps most of its oil.  More »

Feds order five companies to halt offshore work

The federal government has ordered five companies to cease their offshore oil and gas operations, after the firms failed to give regulators a required audit of safety plans newly required since the 2010 Deepwater Horizon disaster.  More »

ConocoPhillips begins production of North Sea natural gas field

ConocoPhillips will begin producing natural gas at its Jasmine field in the North Sea, the company announced Wednesday morning.  More »

Feds nab $14.2 billion from energy development

The federal government collected a near-record haul in fees and royalty payments from oil and gas drilling on public lands and U.S. waters during the last fiscal year, the Interior Department announced Tuesday. All told, the federal government collected $14.2 billion from the activity; Texas’ share was $17 million.  More »

Feds push back timeline for offshore drilling rules

A federal official conceded that new rules for Arctic drilling and offshore emergency equipment will not be ready until 2014 and blamed the 16-day government shutdown for some of the delay.  More »

Offshore safety chief delves into the data

Brian Salerno, director of the Bureau of Safety and Environmental Enforcement, wants the agency to step up the way it collects information from coastal oil and gas facilities and then put that data to use zeroing in on problems, managing risk and thwarting accidents.  More »