Diamond Offshore Drilling, Inc. (NYSE:DO) today announced that a subsidiary, Diamond Offshore Drilling Limited, has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of a new ultra-deepwater drillship with…
China's CNOOC Limited (NYSE: CEO, SEHK: 0883) announced a deepwater gas discovery on Block 64/11 offshore China after the Lingshui 22-1-1 exploration well drilled by its partner, BG Group (BG) , encountered gas-bearing sands.The exploration…
DryShips Inc. announced today that its fully-owned subsidiary Ocean Rig UDW Inc has signed definitive documentation following the previously announced Letter of Award. The contracts were signed with subsidiaries of Vanco Overseas…
Tidewater entered into a contract with Drydocks World for the construction of four 265-ft. deepwater platform supply vessels at its shipyard in Batam, Indonesia. The delivery of these high-performance, high-capacity, 3,200 metric ton deadweight…
Yesterday Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement Director Michael R. Bromwich announced a mandate – effective October 15, 2010 – that oil and gas companies operating in the Gulf…
Prior to start of the eighth and final Public Forum on Offshore Drilling in Lafayette, La., Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) Director Michael R. Bromwich met this morning with Louisiana Lt. Governor Scott…
BP released the findings of its internal investigation into the Deepwater Horizon explosion and oil leak in the Gulf of Mexico. The company said no single factor caused the Macondo well tragedy. Rather, a sequence of failures involving a number…
According to a September 7 report from The New York Times, China has leapt past the United States, installing its first offshore wind farm. Several other farms also are already under construction, and even the Chinese government's ambitious targets seem low compared to industry dreaming…
A September 7 report from Bloomberg said that offshore oil drillers should upgrade the disaster-response plans that lawmakers have described as “carbon copy,” according to two industry task forces probing BP Plc’s Gulf of Mexico spill. The plans…
According to a September 6 report from Bloomberg, the German government’s plan to extend the phase-out of nuclear power risks hampering investment in offshore wind turbines. Utilities including E.ON AG and RWE AG may cut their investment in the industry to compensate for a tax of $3…
Houston: “A step change can be achieved with respect to prevention and mitigation of major accidents through a performance based safety regime supported by a risk management approach. Empirically, the risk can be reduced by a factor of ten,” says Elisabeth Tørstad…
According to a Sept. 1 report from Reuters, a federal judge rejected the U.S. government's request to dismiss an industry lawsuit challenging its deepwater oil and gas drilling moratorium, dealing another blow to the Obama administration. Hornbeck Offshore Services Inc…
On September 2, President of the National Ocean Industries Association (NOIA) Randall Luthi issued the following statement on the accident on the Vermillion Platform 380:“Any accident in the offshore energy industry is certainly worthy of attention…
According to a report from the Associated Press, a mile-long oil sheen spread September 2 from an offshore petroleum platform burning in the Gulf of Mexico off Lousiana, west of the site of BP's massive spill. Coast Guard told media the sheen…
Congressman Elijah E. Cummings (MD-07), a senior member of the House Committee on Oversight and Government Reform, sent a request to Congressman Dennis Kucinich (D-OH) on August 30, requesting that, in his role as Chairman of the Subcommittee on Domestic Policy…