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Oil Drilling News

09 Nov 2023

Shell Sues Greenpeace for Boarding Penguins FPSO While in Transit

©Greenpece

Shell is suing Greenpeace for $2.1 million in damages after the environmental group's activists boarded the company's oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters.The British oil and gas major filed the claim in London's High Court. Greenpeace activists boarded the vessel in January near the Canary Islands off the Atlantic coast of northern Africa to protest oil drilling and traveled on it as far as Norway.In an email to Reuters…

06 Oct 2023

US Sets Date for Gulf of Mexico Lease Sale After Court Order

Credit: Lukasz Z/AdobeStock

The Biden administration on Thursday said it would hold an auction of oil and gas leases in the Gulf of Mexico on Nov. 8 following a court order to expand the sale.In a statement, the U.S. Bureau of Ocean Energy Management said the sale would offer about 72.7 million acres on the Outer Continental Shelf, including 6 million acres it had withdrawn from the auction in an effort to protect the endangered Rice's whale habitat.Last month, a U.S. appeals court gave the administration until Nov. 8 to hold the sale, which was originally scheduled for Sept. 27.

02 Oct 2023

Biden Angers All Sides with Scaled Back Offshore Oil Drilling Plan

Credit: Lukasz Z/AdobeStock

The Biden administration's plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming. The criticism from both sides reflects the difficulty Biden's White House has had in dealing with U.S. oil extraction policies, as it seeks to balance national energy security with the need to cut greenhouse gas emissions to fight climate change.

29 Nov 2021

U.S. Oil Drilling Review Proposes Higher Fees, Development Curbs

Credit: otmman/AdobeStock

The Biden administration proposed a slew of changes on Friday to the nation's federal oil and gas leasing program, including hiking fees on drilling companies and limiting their access to sensitive wildlife and cultural zones.The recommendations followed a months-long review aimed at ensuring drilling on federal lands and waters benefits the public. But in a sign of the extreme controversy surrounding the issue, environmental groups slammed the proposals as too weak and the industry…

17 Nov 2021

Gulf of Mexico Lease Sale Pulls in $191.6 Million

© Troy V Smith / Adobe Stock

The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offshore lease sale since early 2019.The Department of Interior auction came days after the U.S. joined a global agreement that for the first time asked governments to accelerate emissions cuts by phasing down coal and fossil fuel subsidies.It was the first auction under President Joe Biden, whose administration paused drilling sales under a promise to end development on federal properties.

17 Nov 2021

U.S. Offshore Oil Auction Starts Under Court Order, Shadow of Climate Deal

For illustration; A Gulf of Mexico Platform - Credit: donvictori0/AdobeStock

The Biden administration on Wednesday will auction oil drilling rights to 80 million acres in the U.S. Gulf of Mexico days after joining a global agreement that for the first time targeted fossil fuels as the main driver of global warming.The sale by the Department of Interior will be the first under President Joe Biden, whose administration paused drilling sales under a promise to end development on federal properties. But Biden lost a court fight to oil-producing states that…

06 Oct 2021

California Lawmakers Look to Ban Offshore Drilling after Spill

Crude oil is shown in the Pacific Ocean offshore of Orange County, Oct. 3, 2021. / Official U.S. Coast Guard photo.

Democratic members of Congress from California seized on the oil spill off the state's coast to promote federal legislation to ban all offshore oil drilling, as investigators searched for what caused the pipeline to burst.About 3,000 barrels (126,000 gallons) of crude oil spilled into the Pacific Ocean, killing wildlife, soiling the coastline, and forcing officials to close beaches in several cities in Orange County, just south of Los Angeles. The spill follows dozens of incidents in the Gulf of Mexico following Hurricane Ida, which slammed into the U.S.

04 Oct 2021

'Catastrophic' California Offshore Oil Spill Kills Fish, Damages Wetlands

Crude oil is shown in the Pacific Ocean offshore of Orange County, Oct. 3, 2021.

A unified command has been established to respond to and clean up the oil spill off the California coast.

Official U.S. Coast Guard photo.

A large oil spill off the southern California coast left fish dead, birds mired in petroleum and wetlands contaminated, prompting local officials to call it an environmental catastrophe.The U.S. Coast Guard, heading a clean-up response involving federal, state, and city agencies, said on Sunday there was an around-the-clock investigation into how the spill occurred.An estimated 126,000 gallons, or 3,000 barrels, had spread into an oil slick covering about 13 square miles of the Pacific Ocean since it was first reported on Saturday morning…

27 Jul 2021

Florida Senators Move to Firm Up Offshore Drilling Ban

Senator Marco Rubio - Credit: rubio.senate.gov

U.S. Senators Marco Rubio (R-FL) and Rick Scott (R-FL) introduced the American Shores Protection Act to codify the moratorium on oil and gas drilling off the coasts of Florida that was put in place by September 8, 2020, Executive Order by then-President Trump. Under the legislation, the moratorium would be in place for the Eastern Gulf of Mexico and South Atlantic until 2032.Congressman Michael Waltz (R-FL) introduced companion legislation in the U.S. House of Representatives.

22 Jun 2021

VIDEO: Friede & Goldman Launches Offshore Wind Feeder Concept

Credit: F&G

Friede & Goldman Ltd. (F&G), a company known for its offshore oil drilling rig designs, has announced the BargeRack, "a revolutionary solution to the feeder concept of offshore wind turbine installation.""BargeRack is tapping F&G’s unmatched 72-year history to bring a safe and simple method of installing up to 20MW wind turbines using a self-elevating vessel," F&G, a company which has seen more than 120 offshore rigs built to its designs, said in a statement sent to Offshore Engineer.According to F&G…

18 Jun 2021

Biden May Hinder Oil and Gas Drilling Despite Court Loss

Credit; Lukasz Z/AdobeStock

U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions.Some options, they said, include offering sparse acreage or imposing more time-consuming permitting requirements."We lived through the Obama administration, and they did a lot of things to constrain leasing and other activity on federal lands…

13 Oct 2020

US Shipyards See Big Business Shifts

The second of three vessels for New York City’s Staten Island Ferry was launched by Eastern Shipbuilding this summer. (Photo: Eastern Shipbuilding Group)

The American shipbuilding scene, filled with participants constructing all manner of vessels, has been navigating through stormy times (lately, yards along the Gulf Coast have literally been dealing with storms). The orders for newbuild, repair and conversion projects continue to flow in—albeit at a reduced pace—and the boats and ships go down the ways into the water, but the overall panorama has seen tremendous sea changes as the business has shifted.Maritime businesses worldwide have been grappling with currents both internal and external.

31 Aug 2020

Ocean Installer, Vard Working on 'Most Advanced' Offshore Wind Installation Vessel

Credit: Ocean Installer

Ocean Installer, a Norwegian company mostly known for its offshore oil and gas services provider, is increasingly turning towards the offshore wind industry.Following a recent establishment of an offshore wind branch, and the naming of a director to lead it, Ocean Installer on Monday announced it would enter into a partnership with shipbuilder Vard - a Fincantieri company - "to develop one of the world's most advanced turbine installation vessels for offshore wind." Erik Haakonsholm…

27 Jan 2020

@ Glosten: “Crazy ideas are not off the table”

“Doing business the same way over and over will not last; we know technology will advance our industry, and if we just sit back and don’t take an active role, we’re going to lose. There is no room for complacency.” 
Morgan Fanberg, President, Glosten

From racing scows on the inland lakes of Minnesota to graduating from the United States Merchant Marine Academy to taking the helm of Glosten, Morgan Fanberg has led a ‘maritime life.’ We caught up with Fanberg in his Seattle office to discuss the path ahead for one of the U.S.’ most progressive and respected naval architecture and marine engineering firms.Morgan Fanberg has always been a ‘maritime guy,’ but his early maritime aspirations centered on racing sailboats. “I went to St.

05 Dec 2019

Semco Maritime to Upgrade Odfjell Rig

Odfjell Drilling and Semco Maritime signed a contract for preparation and modification of Deepsea Stavanger rig prior to its start of a nine-month drilling campaign for Total in the harsh waters outside South Africa.The semi-submersible rig will complete a high docking (with thrusters on) in Semco Maritime’s rig yard at Hanøytangen, Bergen, in Q1 2020, said the  oil drilling, well service, and engineering company."The high docking enables for a minimized diving operation during antifouling of the hull and optimization of the time spent on seawater valve change,” said Managing Director of Semco Maritime Norway, Lars Jønholt Halvorsen.

16 Aug 2019

MODEC Raises $1bln Bond for FPSO Project

Japanese FPSO provider MODEC has decided to issue project bonds to international investors to refinance a floating production, storage and offloading  (FPSO) vessel chartered to the TUPI consortium.TUPI consortium is led by Petrobras with the aim of strategically diversifying its financing sources for MODEC’s entire FPSO charter business.MODEC, a unit of Mitsui E&S Holdings that builds floating oil-drilling platforms, said that project bonds are issued against future revenue from the infrastructure projects they finance.This project bond was issued for the FPSO Cidade de Mangaratiba MV24 which has been deployed and is currently in operation at the Iracema Sul (formerly Cernambi Sul) oil field…

19 Jan 2019

Government Shutdown: Atlantic Seismic Permitting Blocked by Judge

© DedMityay/AdobeStock

A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown, dealing a blow Trump administration's energy agenda.Judge Richard Gergel of the U.S. District Court in South Carolina issued the decision in response to a motion filed by a range of conservation and business groups and coastal cities opposed to the adminstration's efforts to expand U.S. offshore drilling.The…

26 Dec 2018

Exxon Mobil: Drilling Continues Offshore Guyana

Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana were unaffected despite neighboring Venezuela's navy stopping two seismic survey vessels the company had hired.The closest of 10 oil finds Exxon has made off Guyana's coast is 110 kilometers (68 miles) away from the northwest part of the Stabroek block, where the navy halted seismic data collection on Saturday, the company said. Each country's government says the incident took place in its territorial waters."Exploration and development drilling is continuing in the southeast area of the Stabroek Block," the company said in a statement. Exxon did not say whether the two vessels…

10 Jul 2018

Hundreds of Oil Workers Strike in Norway

Photo: Harald Pettersen / © Equinor

Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds more workers would join the strike on Sunday if an agreement over union demands for a wage increase and pension rights was not reached.Royal Dutch Shell said that due to the strike it was temporarily closing production at its Knarr field, which has a daily output of 23…

17 May 2018

Maersk: Disappointing Q1 Earnings Hit Share Price

(Photo: A.P. Moller-Maersk)

A.P. Moller-Maersk missed first-quarter profit expectations on Thursday and warned that political and trade tensions clouded the outlook, sending shares in the world's biggest container shipper sharply lower.Earnings before interest, tax, depreciation and amortization (EBITDA) for the three months to March 31 rose 5 percent to $669 million but came in well below the $852 million forecast by analysts in a Reuters poll.Chief Executive Soren Skou called the result "unsatisfactory"…

11 May 2018

US Military Seeks Rules for Drilling in Gulf of Mexico

File photo: U.S. Navy personnel detonate a floating mine during an exercise in the Gulf of Mexico (U.S. Navy photo by Patrick Connerly)

An expansion of oil drilling in the eastern Gulf of Mexico would interfere with U.S. military testing unless the Pentagon and another agency develop rules to govern the work, the U.S. Department of Defense said in a report this week.The Defense Department concluded in a report it sent on Wednesday to U.S. lawmakers that drilling east of the Military Mission Line in the Gulf of Mexico, a demarcation more than 200 miles (320 km) west of Florida, would harm military testing operations…

21 Jun 2018

Norway Oil Workers Threaten to Strike

© MAREK SLUSARCZYK / Adobe Stock

Some 2,250 workers on Norwegian offshore oil drilling rigs and in drilling and catering services on oil producing platforms could go on strike this summer after rejecting a proposed wage deal, the Safe labor union said on Thursday.Industri Energi, the largest labor union representing drilling workers, last month agreed to a deal, while the smaller Safe said it would ask its members to vote on the offer made by the Norwegian Shipowners' Association.A strike could hit oil companies' exploration efforts later this summer, although a mandatory round of mediation must be held before any conflict is

11 Apr 2018

Vietnam Mulls Coast Guard 'Open Fire' Rules

Vietnam wants to give its coast guard more flexibility to open fire at sea, amid tension in the busy South China Sea waterway, a draft law released on Wednesday showed. The law, expected to be voted by lawmakers at the end of this year, would allow greater assertiveness in disputed waters by the coast guard, now armed with modern U.S. and Japanese patrol boats, in a policy likely to alarm neighbouring China. China claims almost all the South China Sea, through which about $3 trillion worth of sea-borne trade passes every year. Vietnam and four other countries also say they have rights in the sea, believed to have rich deposits of oil and gas.