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Latest Offshore Oil Well News

Newfoundland budget surplus on track to shatter record

Globe and Mail - Finance Minister Tom Marshall said Monday that the government is well aware that the current high prices for offshore oil and nickel from Voisey's Bay could disappear and that they have to use this “windfall” to plan ahead. “Twenty per cent of ...

Major expansion of offshore wind technology planned by Government

PublicTechnology.net - ... Strategic Environmental Assessment of a Draft Plan to enable further rounds of wind leasing, offshore oil ... Five Round 1 projects (Scroby Sands, North Hoyle, Kentish Flats, Barrow, and Burbo Bank), as well as the demonstration turbines at Beatrice Oil ...

State pensions, Brazil's oil and Iran entangled

St. Petersburg Times - A monster offshore oil discovery announced last month could catapult Brazil to number eight in the ... drilling services contract in the Persian Gulf with the state-owned National Iranian Oil Co. The contract was signed on July 14, 2004, well before ...

WAMU BEAT DOWN

New York Post - ... much of its home-lending business, as well as ... billion cash rescue Citigroup got from oil-rich Abu Dhabi. Separately, Bank of America tried to soften the negative publicity of liquidating its cash fund, which was dragged down by the bank's offshore ...

Ashtead Q2 profit rises 53 pct

Reuters UK - Ashtead, which leases equipment such as forklift trucks as well as smaller items like ladders and pumps, made a pre-tax ... Rothschild to review strategic options for its small Ashtead Technology unit which rents electronic equipment to the offshore oil ...

Deadly Effects of Oil Spill Wash Up on Beaches

ABC News - Coast Guard personnel, sailors and fishermen worked aboard 138 ships and five helicopters offshore, the Coast Guard said in a statement. Crude oil ... raw fish restaurants near Mallipo Beach, the main tourist area affected by the spill, as well as ...

'Enormous' damage in South Korean spill

International Herald Tribune - ... Local residents worked with soldiers Monday in the effort to clear away crude oil ... navy sailors and fishermen worked aboard 138 ships and five helicopters offshore, the ... Kuk said that there are 39 fish restaurants near Mallipo Beach as well as 50 ...

Newfoundland scion sets sights on oil sands

Globe and Mail - ... has operated a plethora of East Coast businesses since immigrating from Scotland in the 1850s - from fishing to offshore oil ... exodus to Fort McMurray, but the migration of management and engineering expertise to Alberta is gathering force, as well ...

Crude oil pollution raises cancer risk among Nigerians

Nigeria Guardian - It is assumed that most other priority PAHs have been metabolised since it is well known that PAHs ... runs into millions of barrels are concentrated around oil floating stations, oil wells and crude oil pipelines which criss-cross the entire offshore ...

TFN NEWS BRIEFING: Oil and utilities highlights to 09:15 GMT

CNBC - ... turnaround in its Maersk Line unit and takes a more cautious view on Maersk Oil's ... 2007-12-10 08:24:44 Stratic Energy says results from Crawford well in North Sea ... expects to complete repairs in a week at its Heera-Uran gas pipeline in the offshore ...

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