Offshore Energy News

 

NOIA president talks safety

Apr 09, 2015

National Ocean Industries Association (NOIA) president, Randall Luthi, joined API’s Jack Gerard and IADC’s Stephen Coleville this morning to discuss improvements in offshore safety since the Macondo Well accident five years ago.   Luthi’s…

KBR announces restructure

Dec 12, 2014

Less than one year into his tenure as the President and CEO of KBR, Stuart Bradie will spend up to US$1 billion to streamline and reorganize the energy engineering and construction giant following the results of a strategic review he initiated in June…

Belden: Dragonfly malware not targeting energy industry

Oct 15, 2014

Belden Inc. released new research that shows the recently revealed Dragonfly (Havex) malware is likely targeting the pharmaceutical sector, not the energy sector as previously believed. Belden says until now, advanced cyber-attacks against…

Wartsila to co-develop Indonesian bio-LNG plant

Oct 09, 2014

Wärtsilä signed a joint development agreement with Indonesian national energy company Pertamina and waste utilization company Godang Tua Jaya on 8 October with the intent to create the first bio-LNG plant in Indonesia. Wärtsilä Oil &…

Exxon chief: US in ‘a new era of energy abundance’

Oct 03, 2014

ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership’s “State of Energy” event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America’s…

Saudi Aramco opens Houston research center

Sep 22, 2014

Saudi Aramco announced the opening of the new Aramco Research Center on Houston’s west side in the energy corridor, on Friday, 19 September. Khalid A. Al-Falih, president & CEO Saudi Aramco, at…

New buoys test wind speeds offshore US

Sep 18, 2014

Two massive, 20,000-pound buoys decked out with the latest in meteorological and oceanographic equipment will enable more accurate predictions of the power-producing potential of winds that blow off US shores. The bright yellow buoys — each worth about US$1…

Ecuador joins World Energy Council

Aug 27, 2014

Ecuador formally joined the World Energy Council as a member country last Friday, 22 August. In a ceremony in Quito, hosted by Dr. Esteban Albornoz Vintimilla, Minister of Electricity and Renewable Energy, the World Energy Council formally…

ABB's breakthrough in cable technology

Aug 26, 2014

ABB says they’ve launched the world´s most powerful underground and subsea power transmission cable system. ABB has developed and tested an extruded cable 525 kilovolt (kV) high-voltage direct current (HVDC) transmission system to…

API urges BOEM to expand US offshore opportunities

Aug 14, 2014

The American Petroleum Institute (API) released comments urging the Bureau of Ocean Energy Management (BOEM) to consider all Outer Continental Shelf areas for inclusion in the government’s offshore oil and natural gas leasing program for 2017 – 2022…

Energy reform heads to Mexican president

Aug 07, 2014

Mexico’s senate has given the final congressional approval to the country’s watershed energy reform that will open up the oil industry to private investment in a 78-26 vote late Wednesday night. The reform, which initially became law 21 December 2013…

New API map- LNG export facilities

Aug 06, 2014

The American Petroleum Institute (API) has compiled a new web-based map tracking North American LNG export facility projects. API says approving the LNG sites are critical to US export goals: the proposed export terminals are a 'roadmap to a lower trade deficit…

Heating for Arctic climates

Aug 01, 2014

Work on a Heinen & Hopman HVAC system.  Photo from Heinen & Hopman. Energy efficiency is high on the agenda for both Arctic exploration and in general. Elaine Maslin found out more…

Mexico's energy reform marches on

Jul 22, 2014

Mexico’s senate passed the secondary legislation that defines new institutional framework for state oil company Petróleos Mexicanos (Pemex) following the December 2013's sweeping energy reforms. After 12 hours of debate and hearing from more than 50 senators…

ERP aims to fuel Houston’s energy industry

Jul 15, 2014

Since the acquisition of the property from Schlumberger in 2008, University of Houston’s Energy Research Park (ERP) has been a central hub for rapid development in academia, industry, and entrepreneurship. One of the ERP’s most notable…

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