Tag: offshore

Video: Sikorsky’s new helicopter takes flight

Sikorsky doesn’t expect the drop in crude oil prices to hurt its business, even though the oil industry is a big customer.  More »

Helicopter company opens Houston office to serve offshore workers

About 80 helicopters from Sikorsky’s S-76 model line are operating in the Gulf of Mexico, along with 50 in its S-92 line.  More »

Video: Anadarko turns massive Gulf spar into marine habitat

Anadarko Petroleum Corp. has turned a 7,200-ton cell spar hull into a dark cave-like habitat for fish, sea anemones and other deep-sea creatures 200 miles off the coast of Louisiana.  More »

BP cuts 200 North Sea staff, 100 contractors

Union officials fear other oil-related jobs will be cut by other firms soon as prices continue to soften.  More »

Oil traders seen storing millions of barrels at sea on slump

Companies inquired about booking 10 very large crude carriers for storage in the past several days, Odysseus Valatsas, the chartering manager for Dynacom Tankers Management Ltd. near Athens, said by e-mail today.  More »

Chevron announces Gulf of Mexico discovery

Chevron Corp. said it’s made a significant discover in the Gulf Of Mexico about 140 miles off the coast of Louisiana.  More »

Regulations would expand coastal California sanctuaries

The designation would bar oil and gas production off Northern California’s Marin and Sonoma counties.  More »

Oil drillers are under pressure to scrap rigs to cope with downturn

More than 200 new rigs are scheduled to be delivered in the next six years, a 25 percent jump from the number currently under contract.  More »

Obama withdraws Alaska’s Bristol Bay from drilling

Obama says in a video announcement that the natural resource is too precious to be put out to the highest bidder.  More »

Lawsuit filed in deadly offshore explosion

Separate lawsuits say the companies did not ensure equipment was cleared of all flammable materials and gases.  More »

Dead offshore worker described as family man and supervisor

Louisiana officials have identified the man who died in a Nov. 20 explosion at an oil platform in the Gulf of Mexico.  More »

Transocean idles three more rigs, stock falls

Transocean’s fleet of deep-water drilling machines has been under pricing pressure and has faced lower demand amid falling oil prices and a glut in equipment.  More »

Hess, Chevron see first oil flow at Tubular Bells

Hess Corp.’s quest to harvest crude from its Tubular Bells field in deep Gulf of Mexico waters has culminated in oil now flowing at a massive production facility 45 miles from shore.  More »

ConocoPhillips announces second oil discovery in Senegal

Cairn Energy said initial analysis shows the well has “excellent reservoir sands” with as much as 118 feet of net oil pay.  More »

Transocean expects $2.76 billion in writedowns

Swiss drilling contractor Transocean has written off $2.76 billion in book value for its offshore rigs as it faces falling day rates and weaker demand for deep-water drilling.  More »
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