Offshore Drilling News
News on Offshore Drilling continually updated from thousands of sources around the net.
3 hrs ago | The Mountaineer Publishing Company
Decades from now, when school children in North Carolina look back on 2014, they might hear about the massive coal ash spill into the Dan River and subsequent legislation requiring cleanup of Duke Energy coal ash ponds.
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8 hrs ago | The Hill
Sen. Mary Landrieu used a Tuesday hearing to advocate for legislation that would remove the cap that Gulf Coast states have on the revenue they can receive from offshore drilling royalties and fees.
11 hrs ago | UPI
Oil services company Transocean said Tuesday a spinoff started its initial public offering, trading on the New York Stock Exchange under ticker symbol RIGP.
In its ongoing effort to make life difficult for environment reporters, the Obama administration once again announced major environmental news on a Friday.
This afternoon, Barron's reported that Raymond James, in an article titled, " Offshore Drillers: No, It's Still Not Time To Buy ", indicated the offshore drilling industry is "in the early innings of a cyclical downturn in utilization and day-rates".
This year started so badly for Seadrill , Transocean and Rowan and other offshore drillers that it shouldn't come as a surprise that some investors are seeing value in their beaten down shares .
It is a time of fear in the face of freedom, a time of an emptying country and swelling cities, a time for the widening of previous roads and the opening of new paths, yet a time when these paths are mined by knowing algorithms of the all-seeing eye.
The deepwater driller famously uses the website deepwater.com for its corporation, but it continues to struggle with old rigs in a market that demands the most modern capabilities.
Ensco is one of the most attractive off-shore drilling companies due to its strong fleet of 77 rigs - including both ultra-deepwater and shallow-water units.
The decision on Friday doesn't authorize the tests, done by ships towing guns that blast high intensity sound waves into the water.
The Obama administration on Friday approved using sonic air cannons to map offshore oil and gas in the Atlantic Ocean by measuring sound reverberating through waters shared by whales and other marine life.
The administration announced sonic cannon that generate sound waves 100 times louder than a jet engine can be used to locate energy deposits beneath the ocean floor.
The Eastern Seaboard is being opened to offshore oil and gas exploration for the first time in decades with the Obama administration's approval Friday of sonic cannons that can pinpoint energy deposits deep beneath the ocean floor.
Noble Corp. is a top-tier offshore drilling company based in London, with a large rig fleet operating around the world.
Updated: Tue Jul 22, 2014 05:16 pm
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