Tag: offshore drilling

Chemical, Conventional Fuels, News and Policies, U.S.

Oil Industry Surprised By Trump’s Extension Of Offshore Drilling Ban. The Only Question Is ‘Why?’

September 10, 2020

Via: Forbes

At a campaign event in Jupiter, Florida on Tuesday, President Donald Trump signed an executive order that didn’t garner a lot of media attention. The President ordered his Department of Interior (DOI) to extend the moratoria that currently exist on […]

News and Policies, World

Offshore drilling contractors announce merger

June 1, 2017

Via: Energy Global

In recent months there have been several second-hand rig transactions in the offshore drilling space with a number rigs changing hands, such as Borr Drilling’s acquisition of Transocean’s jackup fleet and Shelf Drilling’s acquisition of three Seadrill jackups. The merger […]

News and Policies, U.S.

Obama prepares to block drilling in Arctic, Atlantic -Bloomberg

December 20, 2016

Via: Reuters US Energy

U.S. President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, Bloomberg reported, citing two people familiar with the decision. Obama’s move, which could come […]