Archive for the ‘Offshore’ Category
Friday, November 21st, 2008
Repsol has been awarded exploration rights in Canada's Newfoundland and Labrador Offshore Area, allowing the company to move forward with its plans to increase oil and gas finds and production in the Organization for Economic Co-operation and Development countries.
Repsol has successfully bid for three blocks, two in the Central Ridge/Flemish ...
Posted in Drilling, Exploration, Mining Company, Offshore, Trade & Market | No Comments »
Friday, November 21st, 2008
North Carolina should consider whether it would receive money from oil exploration off its coast and how it would balance an oil industry with its coastal tourism economy, speakers at a conference said today.
Carteret County commissioners recently passed a resolution supporting oil and gas exploration off North Carolina's coast, prompting ...
Posted in Drilling, Mining Company, Mining Technology, Offshore, Oil & Gas | No Comments »
Saturday, November 1st, 2008
Marathon Oil Corporation today announced the completion of the sale of its non-operated interests in the Heimdal infrastructure, related producing fields and associated undeveloped acreage offshore Norway. Centrica plc, the parent company of British Gas, acquired the interests for a total value of $416 million, which includes a $375 million ...
Posted in Mining Industry, Mining Investment, Offshore, Oil & Gas, Trade & Market | No Comments »
Friday, October 24th, 2008
The development of deepwater oil fields off the coast of Brazil may be delayed as the credit crisis makes it harder to finance projects, OPEC President Chakib Khelil said.
Developing Brazil's offshore fields may involve investing $100 billion, for which financing from foreign banks is needed, Khelil, who is also Algeria's ...
Posted in Mining Company, Mining Industry, Mining Investment, Offshore, Oil & Gas | No Comments »
Monday, September 29th, 2008
Venezuelan President Hugo Chavez agreed Friday to give broad access to his country's oil riches to five Russian companies, Russian Energy Minister Sergei Shmatko said.
The deal came after a meeting between President Dmitry Medvedev and Chavez in Orenburg, where the Venezuelan leader reiterated his support for Russia's actions in last ...
Posted in Drilling, Exploration, Mining, Mining Company, Mining Investment, Offshore, Oil & Gas | No Comments »
Monday, September 29th, 2008
Democrats in Congress gave up their attempt to maintain the current prohibition on exploration for oil and gas in federal waters off the East and West coasts and much of the Gulf of Mexico.
That’s no guarantee of sensible policy next year, when the Democrats expect to control Congress again. They ...
Posted in Drilling, Mining, Mining Industry, Mining Investment, Offshore, Oil & Gas | No Comments »
Monday, September 15th, 2008
Shell Oil (RDSa.L: Quote, Profile, Research, Stock Buzz) said it found "moderate damage" at some of its Gulf of Mexico offshore production platforms in the wake of Hurricane Ike.
"We were able to get personnel on some of the platforms and found some amount of moderate damage, which is being assessed," ...
Posted in Company, General News, Mining Company, Mining Investment, Mining Technology, Offshore, Oil Price | No Comments »
Tuesday, September 9th, 2008
Recovering minerals from the sea has long had a vague, but elusive attraction. After all, the science of hydrometallurgy is based on the chemistry of recovering metals from solution, and it is well-known that the sea contains huge tonnages of dissolved metals.
In reality, however, with the exception of near-shore diamonds ...
Posted in Coal, Company, Copper, Drilling, Exploration, Gold, Mining, Mining Company, Mining Contractor, Mining Technology, Offshore, Silver, Zinc | No Comments »
Monday, August 18th, 2008
Admittedly I'm biased on offshore drilling. I was born in Santa Barbara, grew up in Ojai and spent many a weekend on the beach.
But that didn't make me an anti-drilling fanatic. Hardly.
I was around lots of oil rigs -- onshore, offshore and some near the beach.
On some beaches around Santa ...
Posted in Drilling, Exploration, Mining, Mining Contractor, Mining Investment, Mining Technology, Offshore, Oil & Gas | No Comments »
Friday, July 18th, 2008
In a time of ever-increasing energy prices, this week President Bush overturned a long-standing executive order banning offshore oil exploration in certain parts of the country. The move is largely symbolic at this point, as additional congressional action would be needed to fully open up offshore oil drilling.
Offshore drilling has ...
Posted in Company, Drilling, Exploration, Mining, Mining Contractor, Mining Technology, Offshore, Oil & Gas | No Comments »
