U.S. Offshore
News
December 13, 2022
Arena Energy announced its acquisition of seven blocks and twelve platforms in the Gulf of Mexico from GOM Shelf. The acquisition includes net daily production of approximately 2,000 barrels of oil equivalent in fields with historically low decline rates.
News
December 12, 2022
Offshore wind has picked up momentum in recent years. After more than a decade of stops, starts and high-profile failures, construction of a massive new U.S. power source meant to displace planet-warming fossil fuels has finally begun at a turbulent time for the industry.
News
November 28, 2022
The Biden administration plans to offer hundreds of thousands of acres off the coast of Alaska for new oil and gas drilling next month, a sale mandated in Democrats’ Inflation Reduction Act to win the support of holdout West Virginia Senator Joe Manchin.
News
November 16, 2022
The U.S. Bureau of Ocean Energy Management on Wednesday announced eight draft Wind Energy Areas offshore the U.S. central Atlantic coast, drawing praise from the National Ocean Industries Association.
News
November 13, 2022
Within days of cruising to a re-election victory over a Democrat challenger, Texas Railroad Commission Chairman Wayne Christian took sharp aim at President Joe Biden's "anti-fossil fuels" agenda, saying his energy strategy is to ship U.S. energy production overseas.
News
November 08, 2022
Senior executives from the most active majors and independents in the Gulf of Mexico will convene to discuss regional operations and outlook at next week's Deepwater Executive Summit in Houston.
News
November 07, 2022
A panel of federal government speakers did its best to sort out the regulatory situation in the U.S. Gulf of Mexico during last week's Annual General Meeting of the International Association of Drilling Contractors, including the impact of legislation that will affect offshore activity in federal waters.
News
September 29, 2022
Subsea7 has entered into four long-term vessel charter agreements with Otto Candies LLC and Bordelon Marine LLC, to strengthen offshore construction, inspection, maintenance and repair, ROV survey, and pipe/umbilical laying support operations, in the Gulf of Mexico.
News
September 28, 2022
The U.S. is on track to grow oil production faster than the government is forecasting, according to a BloombergNEF analysis.
News
September 14, 2022
National Ocean Industries Association President Erik Milito issued a statement after the Bureau of Ocean Energy Management announced the reinstatement of Gulf of Mexico Lease Sale 257, saying it is essential to keep energy flowing from the Gulf of Mexico.
News
September 14, 2022
The Biden administration on Wednesday issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court.
News
August 18, 2022
President Joe Biden won temporary permission to once again pause energy leasing on federal lands and waters, after a U.S. appeals court found a trial judge’s order against the moratorium too vague to review.
News
August 17, 2022
U.S. crude exports rose to a record as European refiners rushed to stock up supplies ahead of a ban on Russian imports.
News
August 14, 2022
After the U.S. House of Representatives passed the Inflation Reduction Act, National Ocean Industries Association President Erik Milito said the bill secures some key priorities for long-term American energy security.
News
August 10, 2022
The American Petroleum Institute announced a new initiative designed to attract more veterans and transitioning service members into meaningful and well-paying careers in the natural gas and oil industry.
News
August 01, 2022
Democrats’ plan to reinstate a 27-year-old fee on oil imports represents a violation of a pledge by President Joe Biden not to raise taxes on anyone making less than $400,000 per year, according to Americans for Tax Reform.
News
July 26, 2022
Schlumberger announced an award to OneSubsea and its alliance partner, Subsea 7, by Kosmos Energy Gulf of Mexico Operations, for an engineering, procurement, construction and installation contract for the Odd Job field in the Gulf of Mexico.
News
July 22, 2022
As the White House and Congress weigh policy levers to provide relief to consumers from rising gas prices, a proposed ban on petroleum exports has become part of the discussion. A new study indicates that could lead to U.S. gross domestic product falling more than $44 billion in 2023 and more than 110,000 jobs would be lost by the end of 2023.
News
July 20, 2022
NOIA President Erik Milito said restoring U.S. energy security must include the resumption of domestic offshore oil and gas leasing, which did not happen with Biden’s Wednesday announcement of Executive Actions on Climate to Address Extreme Heat and Boost Offshore Wind.
News
July 19, 2022
The potential emergency order that Biden is mulling would unlock broad executive powers to propel clean-energy construction, restrict oil drilling and curb fossil fuel use.
News
July 14, 2022
As President Biden prepares to meet with Saudi officials on Friday, the American Petroleum Institute released a video once again inviting the president to visit American energy sites and support American producers.
