Offshore Drilling Sites Could Expand

Monday, September 12, 2005
As the clean-up and recovery in the wake of Hurricane Katrina proceeds, industry and lawmakers are apparently considering opening additional offshore sites for energy exploration and production to minimize disruption to the nation’s energy supply chain in the event of future natural disasters.

According to a report at The – South Carolina’s Home Page, some South Carolina lawmakers are pushing for a change in federal law that would allow drilling for natural gas off the state’s coast. Another report from the Boston Herald reports that some Republicans reportedly may advance a plan to let states sponsor exploration for oil and gas in federal waters off their coasts now closed to drilling. As oil prices soar in the wake of Katrina, forcing the President to temporarily lift the Jones Act as a means to ensure enough ships are available to deliver oil and gas, lawmakers and industry alike are scurrying to ensure this scene is not repeated in the event of another natural disaster in the critically important Gulf of Mexico area.

State lawmakers are apparently pushing for lifting the federal moratorium in certain areas, envisioning a windfall of gas royalties for their states. While the movement is in its infancy, it will undoubtedly hit resistance from environmental groups. According to The report, a recent Interior Department survey indicated there might be as much as 327 trillion cubic feet of natural gas off the U.S. coast in areas under federal control.

Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Kruszewski Joins Braemar Engineering

Braemar Engineering, the specialist maritime engineering consultancy, today announced the appointment of Chis Kruszewski to the role of Senior Electrical Engineer in its Offshore,

RigNet Partners Inmarsat to Offer Fleet Xpress

RigNet, Inc., a global provider of remote managed offshore communications solutions, telecoms systems integration services and collaborative applications to the oil and gas industry,

Italy's Eni Arrives Arctic as Shell Departs

As Shell retreats from the Arctic, the Italian oil giant Eni is making final preparations for its own oil exploration venture in the Norwegian Arctic, reports the Guardian.

Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.5038 sec (2 req/sec)