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Offshore Drilling News

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

8 hrs ago | Seeking Alpha

Seadrill: A Better-Positioned Offshore Driller

Seadrill has been conducting its operations more efficiently. It generated 94% utilization for floaters and 98% utilization for jack-ups.

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

12 hrs ago | GuruFocus.com

Invest In This Undervalued Stock With Growing Fleet

Investors looking to invest in a small cap offshore drilling company which has strong earnings growth, modern fleet and a healthy balance should consider Atwood Oceanics as a good investment opportunity.

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Related Topix: Energy, Oil & Gas, Atwood Oceanics, Transocean

21 hrs ago | Reuters

UPDATE 1-Diamond Offshore profit falls as rig demand softens

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 17 percent drop in quarterly profit as demand fell for rigs used in deep water drilling.

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Related Topix: Diamond Offshore Drilling, Energy, Oil & Gas, Startups, Helmerich & Payne

Wed Apr 23, 2014

Alabama Live

Oil and gas regulators look to industry to police itself, four years after Deepwater...

Alabama's beaches are back in business, finding favor with tourists once again. There is, however, still more work to be done.

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Related Topix: Alabama, Oil Spill, Oil & Gas, Environment, Science

Tue Apr 22, 2014

Myrtle Beach Online

In South Carolina, push for offshore drilling gaining momentum

"If we had an event like they had in the Gulf it would be devastating for us," said Hilton Head Mayor Drew Laughlin, referring to the April 2010 drilling rig explosion that killed 11 and gushed 200 million gallons of oil into the Gulf of Mexico.

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Related Topix: Representative Tim Scott, US Politics, US News, Republican, US House of Representatives, Representative Jeff Duncan, US Senate, Lindsey Graham, South Carolina, Environment, Science

The Motley Fool

Vantage Drilling Company: Rapid Growth and New Rigs Could Offer Opportunity

The company owns one of the most modern fleets in the industry. The only company that has a similarly modern fleet is Pacific Drilling .

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The Huffington Post

Ted Danson: More Spills, No Safeguards, And A Push To Drill: Four Years AFter The BP Gulf Spill

A few months after the BP Deepwater Horizon oil rig exploded in flames, sending 210 million gallons of oil into the Gulf of Mexico, President Obama said that "... one of the lessons we've learned from this spill is that we need better regulations, better safety standards, and better enforcement when it comes to offshore drilling."

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Related Topix: Oil Spill

Mon Apr 21, 2014

Bradenton.com

Four years later, BP oil spill still reverberates

Fires burn around the site of the BP Deepwater Horizon rig site in the Gulf of Mexico, June 19, 2010.

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Related Topix: Oil Spill, University of South Florida, Manatee County, FL, Sarasota, FL

Seeking Alpha

Pacific Drilling: An Attractive, Contrarian Drilling Play

North American land drilling activity continues to pick up. Both Baker Hughes and Schlumberger posted strong North American results within their earnings reports.

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Related Topix: Baker Hughes, Oil & Gas, Schlumberger, Energy, Halliburton

ThinkProgress

In Russia, World's First Ice-Resistant Oil Platform Starts Production

With Russian President Vladimir Putin on hand, the Russian Arctic offshore oil platform Prirazlomnaya, the first offshore oil rig to begin commercial drilling operations above the Arctic circle, sent off its first shipment of oil on April 18. "The start of loading the oil produced at Prirazlomnaya means that the entire project will exert a most ... (more)

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Related Topix: Vladimir Putin, Activism, US News, Liberal Political News

The Motley Fool

Key Takeaways From Noble Corp's Earnings

The offshore driller continues to transition the fleet to a more modern one with high specification ultra-deepwater drillships and high-specification jackups.

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Sun Apr 20, 2014

WTVY Dothan

Day in History: 2 Colorado Massacres; Deepwater Gulf Explosion; Dolly ...

Today in History Today is Easter Sunday, April 20, the 110th day of 2014. There are 255 days left in the year.

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Related Topix: US Military, US Army, Lincoln, Documentary Movies, Drama Movies, Biography Movies, New York

Sat Apr 19, 2014

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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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

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

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