Offshore Latest Information


Why the US offshore rig count increased marginally last week
Rig counts in the Louisiana section of the Gulf of Mexico indicate offshore rig activity in the US. The area accounts for almost all of the offshore rigs.

Sun, Sand And Offshore Drilling In Spain's Famed Canary Islands
Highly reliant on oil imports, Spain's government is encouraging oil exploration off the coast of the Canary Islands. But locals say the drilling threatens the natural attractions that draw tourists.

This auction could triple U.S. offshore wind energy real estate
Offshore wind energy generation always seems to be a distant reality, for the United States at least. But the development pace could pick up with the planned auction of over 742,000 acres off Massachusetts ...

Offshore firm to ban e-cigarettes
An offshore operator is to ban e-cigarettes from North Sea platforms after one overheated while it was charging,

Northern Offshore Updates Status of Rosneft Contract for the Energy Endeavor
HOUSTON, Nov. 27, 2014 /PRNewswire/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today issued an update to its July 30, 2014 announcement of a 2 1/2 year contract with Rosneft for its jackup drilling unit Energy Endeavor. In conjunction with partners North Atlantic Drilling and Seadrill, Northern has agreed to delay the transaction until the end of May 2015. While Northern and partners remain ...

Offshore oil drilling inspires maritime conflicts across the globe
Brooks Hays LAFAYETTE, La., Nov. 26 (UPI) -- Research suggests that as offshore oil drilling has expanded, maritime conflicts have become more frequent.

Offshore wind turbines more likely as auction set
Massachusetts is one step closer to seeing its coastline waters dotted with wind turbines as federal officials announced Monday that an auction date has been set for wind energy leases to develop more ...

DryShips’ significant growth led by offshore segment
For 3Q 2014, DryShips, Inc. (DRYS) reported net income of $16.7 million, or $0.04 basic and diluted earnings per share. The company's drilling segment drove results.

Offshore drilling contracts drive DryShips revenue growth
A significant contribution came from the offshore drilling segment, where revenues from drilling contracts increased by $187.0 million to $515.5 million on a year-over-year basis.

Bearish play in Diamond Offshore
Diamond Offshore Drilling shares have fallen to their lowest level in 10 years, and puts dominate today's option activity in the name. optionMONSTER's Depth Charge system shows that 10,900 January 35.50 ...

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