Florida Considers Onshore Oil as Offshore Opportunities Dwindle
Florida mulls onshore oil as offshore prospects dim As President-elect Donald Trump takes aim at the Biden administration’s new offshore oil and gas drilling ban, one area will likely remain off-limits: the eastern Gulf of Mexico near Florida’s coast. But a high-profile onshore oil project is inching closer to reality, even if drilling is largely […]
Biden Enacts Ban on Offshore Oil and Gas Drilling in Majority of U.S. Territorial Waters
Biden issues ban on offshore oil and gas drilling in most U.S. territorial waters Share0 American Flag/ Pixabay.com President Biden signed an executive order on Monday that banned any further off-shore drilling for oil along the coast line of the United States as well as other U.S. territorial waters in the Gulf of Mexico and […]
Biden Bans New Offshore Oil and Gas Drilling in Most U.S. Coastal Waters.
Biden has prohibited new offshore oil & gas drilling in the majority of U.S. coastal waters. President Joe Biden is taking action to prohibit new offshore oil and gas exploration in most U.S. coastal waters two weeks before Donald Trump is set to assume office- with his promise to expand offshore drilling. In a final […]
Offshore Oil & Gas Welding Market Projected to Reach USD 6.1 Billion
Offshore Oil & Gas Welding Market Size is Expected to Hit USD 6.1 Offshore Oil & Gas Welding Market The offshore oil & gas welding market plays a critical role in the construction, maintenance, and repair of offshore facilities such as rigs, platforms, pipelines, and subsea structures. Welding processes in this sector must meet stringent […]
GeoPark Purchases Repsol’s Colombian Oil and Gas Assets for $530 Million
GeoPark acquires Repsol’s Colombian oil and gas assets for $530 million GeoPark Limited, a prominent independent energy company operating across Latin America, has signed Sale and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire key oil and gas assets in Colombia. The acquisition encompasses Repsol Colombia O&G Limited’s 45% non-operated […]
Cable-Laying Barge Completes Its First Subsea Venture in Oil & Gas After Offshore Wind Projects (Gallery)
Cable laying barge wraps up its first subsea foray into oil & gas arena after offshore wind jobs (Gallery) China-headquartered subsea cable vessel owner and operator Fulan Offshore has crossed the finish line at an oilfield project in the Bohai Sea with one of its cable lay barges (CLBs), which previously worked on offshore wind […]
Subsea7 Introduces Innovative Installation Technique at Aramco’s Major Offshore Oil and Gas Project (Gallery)
Subsea7 employs new installation method at Aramco’s giant offshore oil & gas project (Gallery) Luxembourg-domiciled Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors on the seabed to complete installation works at an oil and gas project off the coast of […]
US Company Expands into Latin America’s Oil & Gas Sector as Brazilian Partner Sets Restart Date for Offshore Asset
US firm enters Latin America’s oil & gas playground as its Brazilian partner in two offshore fields sets restart date for another asset Houston-based Westlawn Americas Offshore (WAO), part of Westlawn Group, has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The […]