Tag Archives: Offshore

U.S. Gulf of Mexico share of global active offshore rigs declines since 2000

September 22, 2015 Source: U.S. Energy Information Administration, based on Baker Hughes Inc.Note: GOM is Gulf of Mexico. In response to the decline in crude oil prices since mid-2014, the number of active offshore rigs has declined worldwide, dropping close to 20%—304 offshore rigs were operating in August 2015, down from 377 in August 2014. […]

Reduced offshore share in U.S. oil and natural gas production lowers risk from hurricanes

August 28, 2015 Source: U.S. Energy Information Administration, Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes in recent years, and the National Oceanic and Atmospheric Administration (NOAA) has predicted a below-normal 2015 hurricane season in its updated , released on August 6. Hurricane-related risk […]

First offshore wind farm in the United States begins construction

August 14, 2015 Source: U.S. Energy Information Administration, based on Lindoe Offshore Renewables Center In July, American offshore wind developer, for what is expected to be the first offshore wind farm in the United States. The project will be located three miles southeast of Block Island, Rhode Island. With five turbines totaling 30 megawatts (MW) […]

Angola: U.S. $9 Million Offshore Crude Oil Unloading Unit Inaugurated

Luanda — A floating facility designed to store, produce and unload the crude oil on (FPSO CLOV) in Angolan offshore Block 17 was inaugurated Thursday in Luanda. The project, worth USD 9 million, was inaugurated by the French owned Oil Firm “Total E & P” in partnership with the Oil Ministry and National Society of […]

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