Category: Offshore

Noble leads offshore drillers lower amid rig slowdown

Noble Corp. led a decline among offshore deep-water drilling contractors after saying the industry may be experiencing a “pause in the cycle” after years of growth fueled by oil and natural gas discoveries.  More »

Aboard a Statoil North Sea platform (photos)

Statoil believes the nation’s oil and gas output can remain at current levels until 2025 and possibly beyond, even as it tightens spending amid rising costs.  More »

Offshore wind turbine stands up to gusts, waves

A scaled-down offshore wind turbine has withstood winter storms that included the equivalent of waves exceeding 70 feet, providing confidence that a full-scale version can handle the harshest weather that the North Atlantic can throw at it, the head of the University of Maine’s advanced composites center said Thursday.  More »

Pemex to stake claims under Mexico’s new energy policy

Mexico’s oil company likely will target shallow-water fields when given the chance to stake its claim before a new policy opens the nation’s oil and gas fields to foreign firms, a legal expert said Wednesday.  More »

Aerial drones developed to locate deep-sea oil and gas (photos)

Drones soon could make waves in the North Sea, the latest oil-rich region to test the unmanned flying machines’ use in locating and extracting oil and gas reserves.  More »

Maine offshore wind project looks to overcome hurdle

The Maine Public Utilities Commission is poised to vote Tuesday on whether to grant initial approval for a state contract to the University of Maine and its partner companies, called Maine Aqua Ventus, to build a two-turbine pilot project off the coast of Monhegan Island.  More »

Guest commentary: One-size-fits-all rules for offshore vessels are unrealistic

There is universal agreement on the desire to prevent another catastrophic explosion and spill. But there is the risk of doing harm by overreaching in regulating for a safer environment.  More »

Environmentalists seek to stop Miss. offshore drilling rules

Environmental groups want a judge to stop rules setting a framework for offshore gas and oil exploration in parts of the Mississippi Sound.  More »

UH subsea society seeks to rise to the top

Two men from a University of Houston engineering program are not content to ride the wave of the school’s new subsea program — they are working hard to put it on the map as a dynamic new offering to the energy industry.  More »

Nations jockey for Arctic position, US not in lead

Nations across the world are hurrying to stake claims to the Arctic’s resources, which might be home to 13 percent of the world’s undiscovered oil and 30 percent of its untapped natural gas.  More »

New drone testing sites could boost oil industry use (video)

A Federal Aviation Administration decision to permit testing of drones in Texas and at sites throughout the country will open the door to more use of unmanned aircraft by oil companies.  More »

Russia dropping criminal charges against 30 Greenpeace protesters

Russia’s Investigative Committee is dropping criminal charges against all 30 Greenpeace activists arrested in September for a protest against Arctic oil drilling by state-run OAO Gazprom, the group said.  More »