Offshore Oil


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November 23, 2010

Feinberg's $2 Billion In BP Oil

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The fund draws on a $20 billion account set up by the London-based oil company to compensate those affected by the US's biggest offshore spill. [...]
November 22, 2010

Energy XXI To Acquire Gulf Of Mexico Shelf Properties From ExxonMobil

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The assets are currently producing approximately 20000 net BOE per day (BOE/d), about 53 percent of which is oil. Offshore leases included in the purchase [...]
November 24, 2010

Syria To Auction Offshore Energy

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Syria, an energy producer in the eastern Mediterranean, plans to auction contracts for offshore oil and gas exploration in 2011, after postponing the [...]
November 23, 2010

Venezuela Touts Major Offshore Natural Gas Find

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Venezuela's oil minister, Rafael Ramirez, said Monday that the latest exploratory drilling has confirmed "extraordinary results": about 15 trillion cubic [...]
October 24, 2010

Court Strikes Down Drilling Safety Notice

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invalidated an Interior Department notice imposing greater safety requirements on offshore drilling operations, enacted in response to the BP oil spill. [...]
November 24, 2010

Martha Collins: US Senate Needs To Pass Drilling Reform Legislation Now

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Without Senate action soon, offshore drilling reform will go nowhere, but the threat to our environment will continue. Federal law governing offshore oil [...]
November 23, 2010

Interior Chief's Visit Leaves Oil Interests Frustrated

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Bromwich, who heads the reformed agency that oversees offshore drilling, said Monday's meeting focused on exchanging ideas to improve permitting and lessen [...]
November 23, 2010

Salazar Meets With Drillers, Officials In La.; Frustration High On Offshore ...

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Salazar traveled to Louisiana on Monday to meet with offshore oil and natural gas drillers who've cried foul over new rules put in place by the Obama [...]
November 23, 2010

Salazar's La. Visit Doesn't Satisfy Drillers, Pols

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Salazar traveled to Louisiana on Monday to meet with offshore oil and natural gas drillers who've cried foul over new rules put in place by the Obama [...]
November 24, 2010

Salazar's La. Visit Doesn't Satisfy Drillers, Pols

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Salazar traveled to Louisiana on Monday to meet with offshore oil and natural gas drillers who've cried foul over new rules put in place by the Obama [...]
November 23, 2010

Tyneside Firm Wins 150m Rig Deal

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A Tyneside-based company has won a £150m contract to build a North Sea oil platform. Offshore Group Newcastle (OGN) said the work would create 1000 jobs at [...]
October 24, 2010

Green Group Sues To Reinstate Offshore Drilling Ban

Send by The Hill (blog)

The green group's lawsuit claims that damage from the BP oil spill laid bare the need for a fuller analysis. “We can no longer afford to have our government [...]
November 24, 2010

TAQA Restarts Crude Oil Production From Rijn Field Offshore Netherlands

Send by istockAnalyst.com (press relea

(Source: Datamonitor)Abu Dhabi National Energy Company PJSC, or TAQA, has restarted crude oil production from the Rijn field offshore the Netherlands, [...]
November 23, 2010

Petronas Awarded French Oil Major Total Offshore Oil Block In Malaysia

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The state-owned oil company, Petronas stated on Monday that it had given Total, the French oil company eighty five percent interests in one of the offshore [...]
November 24, 2010

Interior To Pick Atlantic Sites That Have 'high Wind Potential'

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The Sierra Club praised Salazar's announcement, saying "development of offshore wind energy will help move our nation off of the dirty fuels like oil and [...]
November 20, 2010

Russia's Gazprom Plunges Into Cuba's Offshore Oil Business

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Gazprom Neft, the oil arm of Gazprom, announced in a news release that it had bought a 30 percent stake in four offshore oil exploration blocks from [...]
November 23, 2010

BP, Government Failure To Gauge Flow Rate Impeded Spill Response

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The latest "white paper" issued by staffers on the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling also paints a [...]
November 20, 2010

Newfoundland And Labrador. Offshore Oil Rigs Need Safety Regulator: Inquiry

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crash that claimed 17 lives last year recommends that an independent regulator be created to improve safety in the province's offshore oil industry. [...]
November 24, 2010

Administration Wants To Speed Up Process For Windmills In Atlantic

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The Sierra Club praised Salazar's announcement, saying "development of offshore wind energy will help move our nation off of the dirty fuels like oil and [...]
October 24, 2010

Chinese Oil Company Bids For Kosmos Shares

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Bloomberg reports that China's largest offshore oil producer CNOOC Ltd and the Ghana National Petroleum Corporation (GNPC) have made a five billion dollar [...]
November 20, 2010

Sierra Leone: Anadarko Announces Offshore Oil Find

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Neither nation is known for oil production, though Liberia recently inked an offshore exploration deal with Chevron Corp. Anadarko said in Monday's [...]
November 20, 2010

US Offshore Oil Leasing Could Be Delayed

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L: Quote) oil spill, Interior last week said it plans to complete supplemental environmental impact statements for three remaining Gulf lease sales [...]
November 20, 2010

Landrieu Backs Down In Offshore Drilling Fight With White House

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I will submit this report for the Record, “The Economic Impact of the Gulf of Mexico Offshore Oil and Natural Gas Industry and the Role of the Independents [...]
October 24, 2010

US Looks To British Model To Improve Offshore Drilling Safety

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(Carolyn Cole, Los Angeles Times / October 24, 2010) By Neela Banerjee, Tribune Washington Bureau Even as the Obama administration allows offshore oil and [...]
November 23, 2010

Energy Winners: Anadarko Petroleum

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The independent oil and gas company announced an offshore oil discovery at its Itauna #1 well in Brazil -- in excess of 275 net feet of oil and natural gas [...]

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