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Shell oil rig arrives Seattle waters amid protests, permit controversy

2015-05-15 01:33:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The first of two Royal Dutch Shell drilling rigs slated for Arctic oil exploration arrived in Seattle on Thursday as environmental activists geared up for days of protests over plans to store the equipment at the city's port. Shell is planning to use Seattle as a base to store and maintain the rigs and other equipment as it resumes exploration and drilling this summer in the Chukchi Sea off Alaska, where it has not drilled since a mishap-filled 2012 season. The decision to resume drilling,...

Tags: oil permit shell seattle

 

Ocean Victory rig set to commence operations at BPs $2.1bn offshore Juniper project

2015-05-13 01:00:00| Offshore Technology

BP Trinidad and Tobago (bpTT), a subsidiary of UK-based oil company BP has announced the arrival of Ocean Victory rig to commence drilling operations in mid-May at its $2.1bn offshore Juniper gas project.

Tags: set project operations ocean

 
 

Oil Holds Gains After 8th Weekly Climb as U.S. Rig Count Shrinks

2015-05-11 10:21:37| Energy - Topix.net

Futures were little changed in New York after capping a 0.4 percent weekly advance Friday, the longest run of increases since February 2013. The U.S. rig count declined by 11 to 668, extending a slide that started in December, according to Baker Hughes Inc. The Organization of Petroleum Exporting Countries, which is scheduled to meet June 5, is unlikely to cut its output quota, according to an official at National Iranian Oil Co.

Tags: count oil weekly holds

 

Oil Holds Gains After 8th Weekly Climb as U.S. Rig Count Shrinks

2015-05-11 09:36:54| Oil & Gas - Topix.net

Futures were little changed in New York after capping a 0.4 percent weekly advance Friday, the longest run of increases since February 2013. The U.S. rig count declined by 11 to 668, extending a slide that started in December, according to Baker Hughes Inc. The Organization of Petroleum Exporting Countries, which is scheduled to meet June 5, is unlikely to cut its output quota, according to an official at National Iranian Oil Co.

Tags: count oil weekly holds

 

America's Oil Boom Is Sputtering Back to Life One Rig at a Time

2015-05-09 05:43:40| Oil & Gas - Topix.net

For the first time in five months, a rig in the Williston Basin, where North Dakota's Bakken shale formation lies, sputtered back to life and started drilling for crude once again. And then one returned to the Permian Basin, the nation's biggest oil play, field services contractor Baker Hughes Inc. said Friday.

Tags: time back life oil

 

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