Offshore Oil Production

Energy Quote of the Day: Lease Sale Shows Gulf to Remain ‘Bedrock of the Nation’s Energy Portfolio’

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Cabinets From Both UK And Scottish Governments Meet In North East Scotland

Today’s 40 million-acre central Gulf of Mexico lease sale facilitated by the Department of Interior drew much attention due to BP’s return to action after being banned from the past 3 government auctions. The lease sale drew considerable attention from oil majors and independents, with most of the 380 bids submitted for deep-water territory. The… Keep reading →

 /  Published March 19, 2014 at 2:00 PM

Video: Self-Stabilising Ship to Keep Oil Rig Workers on Even Keel

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George Osborne Visits Scotland

Offshore oil field workers could be living in some fancy new digs by 2015, as Norwegian ship builder Salt Ship Design puts the finishing touches on a new vessel that generates its own waves, counteracting those occurring naturally at sea, to keep the vessel stable. The technology would allow workers to stay on a ship… Keep reading →

 /  Published October 28, 2013 at 2:00 PM