According to an Associated Press report from August 31, the equipment failures blamed for the Gulf oil spill might have been detected if the owners of the Deepwater Horizon continued to have the rigs’ drilling equipment verified by independent experts — something federal regulators mistakenly thought was happening offshore. This lapse in the offshore energy industry's safety net has emerged as a key finding in the joint federal inquiry by the Coast Guard and Bureau of Ocean Energy Management, Regulation and Enforcement into the largest offshore oil spill in U.S. history. (Source: Associated Press)
According to Salomon Smith Barney's mid-year weather outlook, the La Nina weather pattern stands to increase the number of hurricanes in the Gulf of Mexico this season and energy operations in the area must be monitored closely for any disruptions the storms may inflict,.
SeaArk Marine, Inc, of Monticello, Ark. has announced immediate plans to expand their production capacity to better meet the needs of the Gulf Oil Crisis. “Unfortunately, it appears this catastrophe is going to be around for some time” said Ken McFalls, Vice President of Sales. “We already have the manpower and overflow facilities to handle emergency situations such as this. It’s just simple matter of putting these resources to use
On June 11, the Maritime Cabotage Task Force issued this statement regarding the Gulf oil spill and the Jones Act: The American maritime industry supports immediate action to address the unfolding environmental disaster in the Gulf. Federal law called the Jones Act requires that American vessels be used for domestic transportation activities in the U.S., and countless American vessels are already responding in the Gulf
National Oil Spill Commission Set a Press Conference Date to Release Its Final Report: Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling Who: Commission Members Sen. Bob Graham, Co-Chair William K
A tanker has started loading crude at Libya's eastern port of Hariga for the first time in nearly nine months, after a federalist group agreed to re-open it last week, a state oil company official said on Wednesday. The tanker Aegean Dignity arrived at the port on Tuesday. Arabian Gulf Oil Co, a subsidiary of state National Oil Corp .(NOC), was able to raise output at its main oilfield, Sarir, to 50,000 barrels per day as a result.
An improvement has been made over the past month in oil and natural gas output in the Gulf of Mexico, which was interrupted last year when hurricanes Katrina and Rita damaged production platforms. Just over 15 percent of the normal daily oil production in the region is still blocked from market by platform shutdowns, compared with 21.6 percent on May 3, according to the Minerals Management Service, which manages federal offshore leases.
Sealub Alliance Americas, Inc., an affiliate of Gulf Oil Marine Ltd. headquartered in Hong Kong, announced a fully operational manufacturing and supply and distribution network in the United States and select areas of Canada. Sealub Alliance Americas is now producing all marine products in four blending facilities and has established a comprehensive distribution network to support delivery operations in more than 80 ports in the U.S. and Canada
As part of ongoing research nearly four years after the Deepwater Horizon oil spill, scientists from the Woods Hole Oceanographic Institution (WHOI) will team up with a group of high school students in Florida to collect remnants of oil from Gulf Coast beaches this week. Marine chemist Chris Reddy studies how the many compounds that compose petroleum hydrocarbon, or oil, behave and change over time after an oil spill
Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua Landana field offshore Angola. With the contract extension the rig will be on contract until June 2017. The estimated revenue potential from the two-year contract extension is USD 387m plus compensation
Oil prices were up as much as 2 percent on Wednesday after a third surprise weekly drop in U.S. crude stockpiles helped assuage fears over a global oil glut. Oil was also supported by an industry strike in Norway that threatened to cut North Sea crude output and a weaker dollar ahead of a
BP has criticized the new "Deepwater Horizon" film as being an inaccurate Hollywood dramatization of the deadly oil rig disaster in the Gulf of Mexico in 2010. "The Deepwater Horizon movie is Hollywood's take on a tragic and complex accident
BHP Billiton said the second phase of its Mad Dog offshore joint venture with BP in the Gulf of Mexico was economical at oil prices below $50 per barrel. Originally slated for development in 2013, the project has been deferred due to low oil prices and moves to reduce construction costs.
Gulf of Mexico vessel operators want to see sustained, higher oil prices. After a rough two years, supply boat owners and operators in the Gulf of Mexico hope crude oil prices will improve in 2017. That would encourage activity among the offshore drillers that they service and would put
Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has announced in a press conference at Rose Rayhaan by Rotana April 19 its expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Khamis Juma Buamim
The National Ocean Industries Association (NOIA) elected 14 industry leaders to its Board of Directors on April 21, 2016 during its Annual Meeting in Washington, DC. Appointed to first term on the Board of Directors: Galen Cobb, Vice President Industry Relations, Halliburton
Heriot-Watt scientists have cracked the genetic code of the marine bacteria which helped ‘eat’ the oil spilled in the Deepwater Horizon disaster, information which could aid clean-up efforts for any future major spill. Dr Tony Gutierrez
Oil majors are in talks with Mexico’s state-owned Petroleos Mexicanos (Pemex) as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico, reports Bloomberg. Petroleos Mexicanos is in talks with Exxon Mobil Corp
Engineers and analysts from the Bureau of Safety and Environmental Enforcement's (BSEE) Gulf of Mexico and Alaska Regions recently evaluated Spill Response Operations Training and Equipment Verification exercises conducted by the Tennessee Gas Pipeline Company and its oil spill removal contractor
On April 20, 2010, the Deepwater Horizon mobile offshore drilling platform was destroyed as a result of a catastrophic blowout of the Macondo 252 well in the Gulf of Mexico. The blowout resulted in a continuous discharge of approximately 3.19 million barrels of oil over three months covering
While the matter of maritime piracy has seemingly subdued from its high profile peaks of a few years ago, Stuart Edmonston, Head of Loss Prevention at UK P&I Club, together with Hellenic War Risks and Terra Firma Risk Management, highlight the growth of piracy in the Gulf of Guinea and
Libyan Petroleum Facilities Guard (PFG) commander Ibrahim Jathran said on Monday he was ready to end a blockade at key oil terminals, but the U.N.-backed government still needs to sign an agreement for exports to resume. The PFG has been demanding payment of workers' wages as part of any
Despite global improvements, kidnappings are on the rise, with 44 crew captured for ransom in 2016, 24 of them in Nigeria, up from 10 in the first half of 2015. “In the Gulf of Guinea, rather than oil tankers being hijacked for their cargo
Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper
Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Depression No. 9. The Bureau of Safety and Environmental Enforcement (BSEE) said its Hurricane Response Team is activated and monitoring the operators’ activities