Archive for the 'Offshore' Category
Oil Firm and Green Groups Strike Deal
0 Comments Published by Andy Rowell April 11th, 2008 in OffshoreFor years they have been at loggerheads, but in a deal thrashed out with environmental groups, a Houston oil company has agreed to shut down its offshore oil production off Santa Barbara County decades early in exchange for approval this year to drill into untapped undersea reserves.
To sweeten the deal, Plains Exploration & Production Co, […]
Mexico’s Oil Reforms Get Muted Response from the Majors
0 Comments Published by Andy Rowell April 10th, 2008 in Mexico, Offshore, oil reservesA plan to shake up Mexico’s flagging state-run oil sector has met with a muted reaction from the oil majors.
The foreign oil companies want Mexico to join the rest of the world in offering risk-sharing joint ventures, especially in the huge deep-sea sector. These joint ventures would enable the companies to claim that they […]
Drilling for Oil to Start Off Falkland Islands
0 Comments Published by Andy Rowell March 10th, 2008 in Offshore, explorationAfter 10 years of delays since oil was discovered off the Falkland islands, oil companies are planning to start drilling within the next 12 months.
The move follows the conclusion of lengthy, but successful, tests by geologists and significant cash injections by two major oil companies which plan to bring rigs to the islands by […]
Scottish Dolphins At Risk from Oil Drilling
0 Comments Published by Andy Rowell February 11th, 2008 in Offshore, impact on wildlifeThere are polar bears at risk from oil drilling in the Arctic and now dolphins at risk in the UK. The future of Britain’s most famous dolphins is at risk from oil and gas exploration, conservationists say.
The bottlenose dolphins of the Moray Firth in Scotland are the best known and most studied dolphins in the […]
Shell Bids Over $2 Billion for Alaskan Oil Leases
0 Comments Published by Andy Rowell February 7th, 2008 in Arctic oil, Offshore, impact on wildlifeStuff the bears lets get drilling – that’s the message from oil giant Shell, which has emerged as the highest bidder for 275 lease blocks in the Chukchi sea offshore northwest Alaska. Shell’s bids amounted to $2.1 billion of the $3.4 billion bid overall.
The sale went forward over the protest of conservation and Native Alaska […]
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