Offshore North America News - page 241

 

Cape Wind green light

Jun 10, 2010

After years of delay, the Cape Wind offshore wind project got the green light to proceed with the $1 billion development off the coast of Massachusetts, putting the project on the path to become the first wind power installation on the US Outer Continental Shelf…

Deepwater poised for fast recovery

May 20, 2010

Two recently published reports point to a speedy recovery for offshore E&P. The deepwater sector of the oil & gas business should recover quickly from the economic downturn and resume the growth the sector enjoyed before the recession, suggests a new report from Douglas-Westwood…

Drillers feel the pre-salt pinch

May 20, 2010

With well costs escalating to consume up to half of a project’s funding, operators are seeking ways to trim costs. During IADC’s Deepwater Drilling conference in Rio de Janeiro in March, operators discussed some of their strategies to trim costs…

Regs threaten recovery warns ExxonMobil boss

May 20, 2010

The shaky economic recovery could be threatened if US energy policies push up prices, ExxonMobil chairman and CEO Rex Tillerson said in Houston last month.‘You can raise taxes, raise royalties – it's going to ultimately increase the cost of energy…

Guarded optimism greets US leasing plan

May 20, 2010

The oil & gas industry and analysts greeted President Obama’s offshore drilling plan as a step in the right direction. But subsequent events surrounding the Deepwater Horizon disaster (see Heavy losses in Horizon tragedy ) could complicate matters…

Heavy losses in Horizon tragedy

May 20, 2010

Late in the evening 20 April, an explosion rocked the deck of the Deepwater Horizon and set off a fire that raged for 36 hours before the Transocean semisubmersible plunged to the seafloor 5000ft below. As OE went to press, operator BP and other…

Could water worries scupper shale gas?

May 20, 2010

Water shortages could pose as great a threat to energy security as political instability or terrorism, leading peak oil theorist Matt Simmons told delegates at the Global Marine Renewable Energy Conference in Seattle, Washington, last month…

Virginia sale to test Atlantic interest

May 20, 2010

The scheduled 2012 lease sale offshore Virginia will proceed, even without the environmental impact studies necessary to allow oil & gas exploration in place, according to MMS director Liz Burnham.The sale – the first on the US Atlantic OCS…

Accommodation rig demand looking up

Apr 08, 2010

Flotel specialist Prosafe expects a good long-term demand for its accommodation rigs, with growth in activity in the North Sea from spring 2011 and in deepwater regions. Meg Chesshyre reviews recent developments at the world’s leading owner and operator of semisubmersible accommodation rigs…

Powering up to meet market demand

Apr 08, 2010

With the offshore umbilicals market emerging from its recent slumbers and power cable demand from both the oil & gas and wind energy sectors picking up strongly, further expansion of Nexans’ Halden facility in Norway could well follow the current…

Being prepared holds key to rapid response

Mar 04, 2010

To share industry knowledge concerning the latest developments in emergency preparedness for subsea pipelines, TDW Offshore Services AS hosted its first pipeline conference in Stavanger, Norway. OE reviews some of the key issues and talking points…

Windmills in mind

Mar 03, 2010

As the offshore oil & gas industry grew in its infancy away from the coast, operators applied their experience from one platform to the next. The marine renewables industry is beginning a similar growth pattern. US alternative energy enthusiasts…

Remediating plugged subsea flowlines

Feb 16, 2010

Remediating plugged subsea lines in deep and ultra-deepwater is dangerous and time-consuming and can become extremely costly if coiled tubing or wireline intervention is required to resolve the problem. Champion Technologies’ Jeremy Lee describes…

Cape Wind closer to a decision

Feb 16, 2010

More than eight years after the project was announced, the Obama administration is pushing for a final resolution that would allow installation of the first major offshore wind farm in the US.Threatening to ‘take the steps necessary to bring the permit process to conclusion…

Deepwater LNG double on the horizon

Feb 09, 2010

Lower prices, weak demand and competition from vast onshore shale plays helped put a damper on offshore liquefied natural gas terminal projects in the Gulf of Mexico. Russell McCulley talks to companies that are bucking the trend and pushing through with plans for deepwater LNG ports…

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