8 min ago
Groups warn offshore drilling undercuts Obama's climate legacy
Environmental groups warned the Obama administration that opening new areas to offshore drilling would undermine the president's climate change agenda.
8 min ago
Fugro Achieves Innovation through Integration
When Aberdeen-based Diamond Offshore wanted to add new functionality to the existing helideck monitoring system on the Ocean Guardian drilling rig in the North Sea, Fugro developed and delivered a fully integrated, user-friendly solution to fulfill the requirements.
Wed Jul 30, 2014
Full Steam Ahead For Transocean Partners IPO
RIGP, a limited liability company formed by Transocean to acquire, own, and operate offshore drilling rigs, plans to raise $350.0 million in its upcoming IPO.
Sonic Cannons Could Endanger Marine Life in S.C. Waters
The Obama Administration's recent approval of seismic blasting on the Eastern Seaboard could have an immediate negative impact on marine life, and long-term consequences for the coast if it leads to offshore drilling, according to local conservationists.
Tue Jul 29, 2014
Re-Evaluating My SeaDrill Limited Holdings
Back on April 22, 2014 I asserted that SDRL was one of my favorite five High Yield Stocks to accumulate.
A Look At Noble's Current Industry Position And Its Forward Prospects
Noble Corp. is one of the largest offshore drilling contractors in the world, boasting a fleet of 77 offshore rigs.
Mon Jul 28, 2014
Obama's Offshore Energy Policy Could Rescue Oil And Gas Explorers
The Obama administration may think so, having shifted gears in recent weeks and removed potential barriers to more drilling off the coast of the Atlantic Ocean.
Sun Jul 27, 2014
The offshore oil clock is ticking
A dozen years from now, oil companies might be drilling off the East Coast, including off the coast of North Carolina.
Sat Jul 26, 2014
NC should resist push for offshore drilling
Even as the Obama administration presses for action to halt climate change, it has approved a new search for fossil fuels off the Eastern Seaboard.
Fri Jul 25, 2014
Interior Secretary Sally Jewell hits Capitol Hill to drum up support for conservation program
Interior Secretary Sally Jewell is making the rounds on Capitol Hill in hopes of swaying lawmakers to fully fund and permanently reauthorize a 50-year-old conservation program that expires next year.
The Washington Post
Diamond's BlackRhino Takes Low Rate Amid Deep-Water Oil Rig Glut
A glut of deep-water drilling rigs is dragging down share prices and threatening revenue for operators that are being forced to accept lower day rates.
Thu Jul 24, 2014
The Motley Fool
Offshore Drillers Could Have Further to Fall
Trying to understand the offshore drilling market is tough to say the least. However, Wall Street has been quiet on the matter for some time now.
Offshore drilling: Development officials visit Louisiana oil port
Director Bill Crowther and chairman Tim Tilley of the Georgetown County Alliance for Economic Development toured the port in Louisiana that handles the logistics of most oil and gas exploration in the Gulf of Mexico this month to see how the Port of Georgetown stacks up.
The Moultrie News
Carolinas opinion mixed on offshore drilling
The Obama administration on Friday opened the Eastern Seaboard to offshore energy exploration, causing concern in the Carolinas about the effect on sea creatures and tourism but also raising the prospect of new jobs and revenue.
LMOGA, higher ed to sign pact
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.
Not Just the Atlantic: Obama Leasing Millions of Gulf Acres for Offshore Drilling
"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)
The Motley Fool
Diamond Offshore Drilling, Inc. Navigates Through a Tough Quarter to Beat Estimates
The offshore driller reported revenue of $692 million and net income of $90 million, or $0.65 per share.
Seadrill: Is This 10%-Yielder A Good Investment?
Seadrill's earnings are expected to grow rapidly in the next five years, and this should allow it to sustain the dividend.
Wed Jul 23, 2014
Christian Science Monitor
Democrats at odds over Big Oil's bid for East Coast drilling
Sen. Mary Landrieu of Louisiana is an advocate for expanded offshore oil and gas drilling in the US.
Should the government open more offshore areas to oil and gas drilling?
This June 2011 file photo shows a drilling rig known as the Maersk Developer in the Gulf of Mexico about 250 miles off the coast of Louisiana in about 7,000 feet of water.