Offshore Drilling News
News on Offshore Drilling continually updated from thousands of sources around the net.
2 hrs ago | The News-Star
The oil and gas industry is looking for people with highly technical skills to staff deep-water offshore drilling operations in the Gulf of Mexico.
2 hrs ago | Switched
"As part of President Obama's all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, BOEM...today announced that the bureau will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western ... (more)
6 hrs ago | The Motley Fool
The offshore driller reported revenue of $692 million and net income of $90 million, or $0.65 per share.
Sen. Mary Landrieu of Louisiana is an advocate for expanded offshore oil and gas drilling in the US.
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.
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.
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.
Updated: Thu Jul 24, 2014 10:42 am
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