Although Transocean posted a negative return of 10.9% over the past six months, its performance reflected a smaller loss ...

On crowded platforms, a small army labors to keep up the extraction of fossil fuels from the state’s oldest producing oil and ...

Modern offshore oil rigs are engineering wonders designed ... but also the depth below the ocean floor. Modern offshore drilling platforms can reach thousands of feet below the surface of the ...

The Zacks Oil and Gas - Drilling industry has fared worse than the broader Zacks Oil – Energy sector as well as the Zacks S&P 500 composite over the past year. The industry has gone down 38.6% over ...

There’s very little oil offshore. The risk reward thing just simply doesn’t justify it in terms of the environmental disruption and things that would occur.” ...

The Deepwater Horizon Explosion was one of the most devastating environmental disasters in history, but how did it happen and ...

But once again, the federal government is talking about changing that look by adding equipment to drill in the ocean ... state might see from placing oil rigs offshore.” He also said that ...

While drilling a well cuts through the rock formations ... Casing is run from the rig floor, connected one joint at a time by casing elevators on the traveling block and stabbed into the previous ...

In the twilight depths of the Gulf of Mexico, about as deep down as a football field is long, U.S. Navy divers carefully snip ...

The damage doesn’t stop at the drill site. Seismic testing — the method used to locate oil beneath the ocean floor ... Offshore drilling has had no place on the Atlantic Coast before, and it has no ...

Drilling for oil and gas in the Chesapeake Bay or Atlantic Ocean may or may not become a reality. Regardless, a majority of ...