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Offshore Drilling News

News on Offshore Drilling continually updated from thousands of sources around the net.

2 hrs ago | Post and Courier

Offshore drilling's dangers

Four years ago today, an explosion on the Deepwater Horizon oil rig in the Gulf of Mexico killed 11 workers and unleashed an underwater geyser of oil that took 87 days to contain.

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14 hrs ago | Common Dreams

BP Gets an Anniversary Gift From the Obama Administration

This Sunday April 20th is the fourth anniversary of the Deepwater Horizon explosion, which killed 11 workers and dumped over 4.9 million barrels of oil into the Gulf of Mexico over a three month period in 2010.

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Related Topix: U.S. Environmental Protection Agency, Oil Spill, Prison, US News, Liberal Political News

17 hrs ago | Daily Kos

I'm Sniffing Koch

No senator has been quite as friendly to the energy extraction sector than Mary Landrieu, understandable as she represents a state where drilling is second only to drinking as a lifestyle choice and revenue source.

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Related Topix: US Politics, Mary Landrieu, US News, US Senate, Democrat, 2012 Presidential Election, Liberal Political News

Fri Apr 18, 2014

Common Dreams

Experts Warn: US 'on Course to Repeat' BP Gulf Disaster

The U.S. is "on a course to repeat our mistakes" and face another oil disaster like BP's Macondo well blowout in the Gulf of Mexico, two experts warn.

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Related Topix: US News, Liberal Political News

Metal Center News

9-2010 Energy Pipe and Tube Market

As could be expected, the BP oil spill in the Gulf of Mexico has affected the oil country tubular goods market.

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Related Topix: 9, Oil Spill, Baker Hughes, Oil & Gas, Financial Services, BP Prudhoe Bay Royalty Trust, Energy, Seanor, PA, Opinion

The Motley Fool

3 of Offshore Drilling's Biggest Players Are Now Negative on the Industry Outlook

With this forecast the outlook for many drillers has been downgraded by Wall Street analysts as they prepare for the worst.

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Summit County Voice

Environment: Activists ramp up campaign against seismic airguns

Tourism and fishing-dependent communities along the East Coast of the U.S. are banding together to voice concerns about seismic airgun testing.

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Related Topix: Cocoa Beach, FL, Oil Spill

Thu Apr 17, 2014

Seeking Alpha

Gulf Island Fabrication: This Well Managed Company Is Positioned For Growth

Gulf Island Fabrication , is a worldwide fabricator of offshore platforms, vessels and structures, has a market cap of $330 million USD and operates through subsidiaries in both Louisiana and Texas.

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Related Topix: Construction, Energy, Oil & Gas, Gulf Island Fabrication, Diamond Offshore Drilling, Transportation, Tidewater

Wed Apr 16, 2014

GuruFocus.com

Pacific Drilling: Undervalued with Strong Growth Prospects

Pacific Drilling is an offshore drilling contractor with five rigs in operation and three rigs to be delivered in 2014 and 2015.

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PrawfsBlawg

The American Presidency and Partisan Conflict

In my previous post , I observed that reserving all of the presidential power for one side of the political aisle denies representation to half the country, a serious problem in itself.

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Related Topix: US News, 2012 Presidential Election, US Politics, Personal Finance, Social Security

Tue Apr 15, 2014

Click2Houston

Offshore drilling rig taking on water in Gulf of Mexico

An offshore drilling rig is taking on water but is stable after being hit by a large storm wave off the Texas coast.

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WebWire

Opposition to Seismic Airguns Mounts, Local Officials Call on President Obama to Stand Up to Big Oil

Today, Oceana announced that 110 local elected officials and 155 conservation and animal welfare organizations have joined the mounting opposition against seismic airgun use along the East Coast.

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Related Topix: Cocoa Beach, FL

The Motley Fool

Are the Dividends You Are Investing in as Safe as You Think?

But how sustainable are these payouts? Many investors would be skeptical of dividend yields that are more than double the market average of around 2%, so yields Seadrill's yield could be considered to be highly suspect.

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Seeking Alpha

High-Yield Offshore Plays For Patient Long-Term Investors

The offshore sector has been one of the poorest performing areas in the market over the past six months, which should appeal to patient contrarian investors.

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Related Topix: Financial Markets, Tesla Motors, Startups

Mon Apr 14, 2014

Scientific American

George Bush Presidential Library opens offshore drilling exhibit

George Bush was a successful and pioneering Texas oilman, first on land and then offshore in the Gulf of Mexico.

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Related Topix: Texas A&M University, University of Texas at Austin

TheStreet.com

Will This Upgrade Help Transocean (RIG) Stock Today?

The firm set a price target of $45 for the offshore drilling company. The upgrade is a value call, as the sector has underperformed for so long.

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Related Topix: Transocean, Oil & Gas, Financial Markets

Sys-Con Media

The Zacks Analyst Blog Highlights: Hercules Offshore, Transocean,...

Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

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Related Topix: Transocean, Banking, Financial Services, Oil & Gas, Riggs National, Financial Markets, Diamond Offshore Drilling, Energy, Ensco International

Thu Apr 10, 2014

The Georgetown Times

Rotarians hear about economic development from Brian Tucker

Quality of life, low-cost energy, reasonable land prices, port access and proximity to Boeing operations are key economic development features in Georgetown County.

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Related Topix: Georgetown County, SC, Representative Tim Scott, US Politics, US News, Republican, US House of Representatives, Energy, South Carolina, Williamsburg County, SC

Wed Apr 09, 2014

Forbes.com

Wednesday Sector Laggards: Utilities, Energy

In afternoon trading on Wednesday, Utilities stocks are the worst performing sector, showing a 0.5% loss.

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Related Topix: Financial Markets, Pepco Holdings, Energy, FirstEnergy, Diamond Offshore Drilling, Oil & Gas, Transocean

The Motley Fool

3 Stocks Investors Think Will Continue to Sink

Shares of offshore drillers are off by nearly 13% so far this year. According to some investors the worst is still to come.

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Related Topix: Energy, Oil & Gas, Diamond Offshore Drilling

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