Oil Price

bp_thunderhorse_platform_dusk — In January 2017, BP started up the Thunder Horse South Expansion in the deepwater Gulf of Mexico, a major project that added a new subsea production system roughly two miles to the south of the existing Thunder Horse platform. BP photo.

With project spending down, oil traders fear looming supply crunch

WorkBoat Staff

BP's Na Kika platform in the Gulf of Mexico — BP's Na Kika platform in the deepwater Gulf of Mexico. BP photo.

Two reasons for offshore optimism

Guest Author

doe_crude_oil_storage_texas — AERIAL VIEW OF THREE (WHITE) DOE CRUDE OIL STORAGE TANKS IN THE FOREGROUND AT THE SUNOCO TERMINAL NEAR NEDERLAND, TX.

Oil price forecasts continue to fall

WorkBoat Staff

statoil-sheringham-shoal-wind-array-800x525 — Statoil's Sheringham Shoal wind farm off the British coast. Statoil photo.

Big Oil’s investment in offshore wind may drive down costs

WorkBoat Staff

transocean_gsf_constellation_ii_jack_up_cc_remi_jouan — The Transocean jackup rig GSF Constellation II. Creative Commons photo by Remi Jouan.

International oil tycoons bet on an offshore rig recovery

WorkBoat Staff

spy_island_alaska_eni_builders_choice — http://www.builderschoice.us.com/commercial-modular/workforce-housing

Trump administration weighs Arctic drilling bid from Eni

WorkBoat Staff

smith-bay-blue-rig-caelus-energy — A Caelus rig in Smith Bay, Alaska. Caelus Energy photo.

Hurdles abound to tap major Alaska offshore oil discovery

WorkBoat Staff

opec-hq-cc-priwo — OPEC headquarters in Vienna, Austria. Creative Commons photo by Priwo.

Falling oil prices raise fears about industry recovery

Guest Author

offshore-rig-derrick-from-below-generic-bp — A rig's derrick from below. BP photo.

Trump tax cut plan stands to benefit U.S. oil drillers

WorkBoat Staff

doe_crude_oil_storage_texas — AERIAL VIEW OF THREE (WHITE) DOE CRUDE OIL STORAGE TANKS IN THE FOREGROUND AT THE SUNOCO TERMINAL NEAR NEDERLAND, TX.

Oil dips below $50 for first time this year on supply glut

WorkBoat Staff

Offshore Supply Vessel runs aground off jetty near Cameron, Louisiana — The offshore supply vessel Miss Lynda ran aground off the West Cameron Jetties in Louisiana Feb. 3, 2017. USCG photo.

OSV runs aground near Cameron, La., towboat sinks in Ky.

Kirk Moore