offshore

  • News

Chevron expands deepwater U.S. GoM exploration plans

JANUARY 28, 20015 — Chevron Corporation (NYSE: CVX) reports that subsidiary, Chevron U.S.A. Inc., will work with BP Exploration and Production Inc. and ConocoPhillips Company  to explore and appraise 24 jointly-held offshore

Offshore leasing plan gets few industry cheers

JANUARY 27, 2015 — The Obama Administration today announced a proposed offshore oil and natural gas leasing program for 2017-2022  that National Ocean Industries Association President Randall Luthi called “a small step

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Feds face lawsuit on offshore fracking

JANUARY 12, 2015 — A conservation group has sued the federal government for failing to release public documents revealing the extent and risks of offshore fracking (hydraulic fractioning) in the Gulf of

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World’s largest LNG-powered PSV delivered

NOVEMBER 27, 2014—Norwegian shipbuilder Kleven Verft A/S, Ulsteinvik, recently delivered the 92.2m Rem Eir, what is believed to currently be the world’s largest LNG-fueled Platform Supply Vessel, to Rem Shipping. Based on

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Idled rigs hinder Transocean’s 2015 earnings

NOVEMBER 19, 2014—Equity research firm Cowen and Company says publicly traded offshore drilling contractor Transocean’s November Fleet Update Summary has “negative implications for the stock.” Traded on the New York Stock Exchange