High activity on the Norwegian shelf leads to high day rates for drilling rigs.Desperate oil companies are forcing day rates for drilling rigs to reach new heights. Analysts believe day rates will be over $700,000 this autumn, reports the 'Barents Observer'…
Oregon Wave Energy Trust seeks submissions for Its 2012 Ocean Energy Fast Pitch competition.In conjunction with the seventh annual Ocean Renewable Energy Conference in Portland, Oregon, Oregon Wave Energy Trust (OWET), a non-profit organization…
Formal application for a project with 125 wind turbines off the coast of Angus, Scotland has been progressed.Formal application for approval of a £1.4billion project featuring up to 125 wind turbines has been put forward by Mainstream Renewable Power to the authority Marine Scotland…
Chevron Corp. announce its subsidiary will develop Lianzi field in the Republics of Congo & Angola untized offshore zone.The field is located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water. The $2 billion development…
Oil and gas industry offers ex-military personnel chance for a challenging second career. A former soldier has swapped foreign battlefields for the oil and gas industry, highlighting the vital role transferrable skills can play in addressing talent shortages within the energy sector…
Sonardyne Inc., Houston, is pleased to announce the appointment of Mike Chapman, founder of MECCO Inc., to its expanding team of sales agents in the United States. Based in Duvall, Washington, Mike has over 30 years of experience in the marine…
Fishermen’s Energy receives final construction permit for demonstration wind farm off Atlantic CityFishermen’s Energy announce that it has received approval from the U.S. Army Corp of Engineers for its Individual Permit under the Clean Water Act…
MWCC to Deploy Capping Stack in Gulf of Mexico.The Bureau of Safety and Environmental Enforcement (BSEE) has initiated the first ever drill designed to deploy critical pieces of state-of-the-art well control equipment to the ultra-deep seabed…
Obama Administration announces 20-million acre oil & gas lease sale offshore TexasAs part of President Obama’s all-of-the-above energy strategy to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar…
CNOOC Limited (SEHK: 00883, NYSE: CEO) and Nexen Inc. (TSX: NXY, NYSE: NXY) announced today that they have entered into a definitive agreement under which CNOOC Limited will acquire all of the outstanding common shares of Nexen for $27.50 per share in cash…
The Gulf Economic Survival Team today commented on the House Natural Resources Committee’s mark-up of H.R. 6082, a bill that seeks to replace the President’s “Five-Year Plan” for Outer Continental Shelf (OCS) oil and gas leasing.“We applaud…
GL Noble Denton, the independent technical advisor to the oil and gas industry, has appointed industry veteran Arthur Stoddart to lead its operations in the Americas.Stoddart will become Executive Vice President for the region, based in Houston…
Offshore drilling activity on the UK Continental Shelf (UKCS) rose 64% during the second quarter of 2012 compared to the same period last year, according to the latest industry figures released by Deloitte.The report, which documents drilling…
Energy Research Centre of the Netherlands (ENC) offers a 'Travel Guide' to help policy makers formulate clean energy strategiesThe summary provides some key lessons and recommendations for policy making amidst the uncertainties and hectics that come with the energy transition…
Pipeline engineering company, STATS Group, has appointed Angus Bowie as Regional Director for the Middle East North Africa (MENA) in a move which heralds a major expansion in the region.Mr Bowie was previously Technical Director and has…
