Offshore Production

Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

On April 14, 2016, the Department of the Interior (DOI), through the Bureau of Safety and Environmental Enforcement (BSEE), released a final rule establishing requirements for certain offshore oil and gas drilling.

The sun sets behind two under constructi

The Obama administration’s decision last week to eliminate the Atlantic from the next federal offshore leasing plan is a step backward for American energy policy. Despite bipartisan support in Congress and from voters in coastal states, the administration is doubling down on a shortsighted policy that keeps 87 percent of federally controlled offshore acreage off limits to energy… Keep reading →

Men working oil

2015 ends on a high note for U.S. energy policy as Congress voted to repeal the obsolete, ‘70s-era ban on crude exports. Dozens of studies agree that lifting the restrictions will put downward pressure on gas prices, reduce the trade deficit, and provide a boost to economic growth and U.S. energy production. Throughout the year,… Keep reading →

U.S. Military Makes Preparations

The agency tasked with giving approval for Shell’s deep-water drilling off Canada’s coastline includes a UK Tory-appointed official who worked for Shell for decades, it has emerged. [The Guardian] The European Union is working on a political agreement that would establish future energy deals in Iran, according to latest reports. [Bloomberg] The Coca-Cola Company is years… Keep reading →

Mexico’s Energy Industry

Gulf Oil Spill Begins To Reach Land As BP Struggles To Contain Leak

On February 27, 2015, the Comisión Nacional de Hidrocarburos (CNH) published in the Federal Gazzette (or Diario Oficial de la Nación, DOF) the Call for Bidders No. CNH-R01C02/2015, the Bidding Guidelines and the Model Production Sharing Contract (PSC) for five mature contract areas located in shallow waters off the Gulf of Mexico coastlines of Veracruz, Tabasco and Campeche.

The sun sets behind two under constructi

  Cairn Energy, the oil and gas explorer, has reported a second oil discovery off the coast of Senegal in West Africa. “The Edinburgh-based company described the find as “significant”, adding that the oil was of high quality. The discovery was made at its SNE-1 well in the Sangomar Deep block about 100km (62 miles)… Keep reading →

Europe Fears Cuts In Natural Gas From Russia

In an overt admission that western-led sanctions agasint Russia’s energy sector are impacting offshore resource development, the country’s top state-controlled oil & gas enterprises are pushing for legislative changes meant to entice western companies – and their technology – into the sector. The proposed subsoil legislation modifications would apparently allow foreign companies to take expanded… Keep reading →

Israeli Navy Holds Training Exercise

Although scoring a direct hit would be difficult, Hamas fire against Israel’s offshore rigs could prove very significant given the crucial role gas plays in generating the country’s electricity. Earlier today, Hamas claimed to have fired two rockets at an Israeli natural gas installation located about nineteen miles off the coast of Gaza. The Israeli… Keep reading →

Gulf Oil Spill Begins To Reach Land As BP Struggles To Contain Leak

The low-hanging fruit with regard to US shale resources may already be spoken for and the majors who came late to the game could be turning back to the large offshore conventional projects they know and execute efficiently. “Rather than continue in shale, which is likely to become a more expensive venture, large production companies… Keep reading →

George Osborne Visits Scotland

Energy and utility company use of aircraft has soared in recent months, jumping 35 percent in the first half of the year, Jet Support Services Inc. (JSSI), says. While that includes corporate jets, it also means pilots ferrying workers to oil rigs and other remote locations as companies continue to look farther afield for resources… Keep reading →

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