According to a report from Tehran Times, the former Iraqi Oil Minister, Thamir Ghadhban, told the press that Iraq plans to build a new offshore oil terminal in Basra, in addition to reviving the existing facilities.
(Source: Tehran Times)
A group of U.S. Senators on the West Coast have introduced a bill Wednesday aiming to prohibit offshore drilling on the outer continental shelf of California, Oregon and Washington.
The Danish-South Korean Green Growth Alliance met for roundtable talks yesterday. The Minister for Business and Growth's meeting with the South Korean Minister
Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017.
Rig rates have more