Search results
Results from the WOW.Com Content Network
Operated by Shell, with JV partners Chevron (37.5%) and BP (27.5%), the spar acts as a hub for and enables development of three fields Great White, Tobago, and Silvertip. The oil and gas fields beneath the platform lie in a geological formation holding resources estimated at 3–15 billion barrels of oil equivalent according to a report by the BSEE, formerly known as the MMS.
The first federal lease sale offshore Florida was in 1959. In the 1980s the state of Florida objected to further federal lease sales in offshore Florida, and the last one was held in 1985. Because of state objections, the federal government agreed to pay $200 million to nine oil companies to buy back leases south of 26 degrees north latitude. [28]
The possible offshore lease sale became an issue in the 2009 race for governor of Virginia. [43] The winner, Bob McDonnell, urged during his tenure that the sale take place. [44] In May 2010, President Obama announced his decision to cancel the offshore Virginia lease sale, in response to the Deepwater Horizon oil spill in the Gulf of Mexico. [45]
In the high stakes of gas and oil, Shell has taken another step in its attempt to cement its offshore expertise, sending a rig to drill exploratory wells off the northern coast of Alaska. This ...
Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration's plans to scale back the sale to protect an endangered ...
The arrival of Shell's new Arctic drilling vessel, Polar Pioneer (IMO number: 8754140), a semi-submersible offshore drilling rig, was greeted by large numbers of environmental protesters paddling kayaks in Elliott Bay.
In July 2009, Edison Chouest Offshore won a $150 million contract for the construction of an icebreaking anchor handling tug supply (AHTS) vessel for Royal Dutch Shell. The 360-foot (110 m) vessel, largest ever built by the company, would be used to support Shell's drilling operations in the Beaufort Sea and Chukchi Sea off Alaska. [11]
After six years of back-and-forth with the U.S. government, Royal Dutch Shell PLC (NYSE: RDS-A) (NYSE: RDS-B) yesterday began drilling a well offshore of Alaska in the Chukchi Sea, and the company ...