Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
March 1, 2010
From the halls of Congress to the county courthouse, lawmakers and government bureaucrats alike love numbers. They use them in graphs and display them on poster boards so all can see the benefits of the latest program or industry up for debate at any particular time.
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
January 28, 2010
In a closed door meeting last week in Houston, Texas, Lars Herbst, the Minerals Management Service director for the Gulf of Mexico, told industry leaders there would be delays in plans to expand offshore drilling off the Atlantic coastline, specifically Virginia.
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
January 26, 2010
An order for eight new offshore supply vessels and a company’s decision to build a new 400-foot icebreaker for Shell in Louisiana recently provided nearly as much relief to Gulf Coast shipyard workers as Garrett Hartley’s 40 yard field goal…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
January 19, 2010
The prospect that the Gulf Coast – specifically 12,000 to 28,000 feet below the shallow waters of the Gulf Coast – could contain whole new energy reserves has the industry abuzz in recent weeks. New Orleans-based McMoRan Exploration Co. got…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
January 12, 2010
New Orleans-based McMoRan Exploration Co. reported this week what could be one of the largest oil and gas finds in decades in the shallow waters of the Gulf of Mexico, according to company Co-Chairman James Moffett. McMoRan drilled more than 28…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
December 23, 2009
Pascagoula, Miss.-based VT Halter Marine and Lockport, La.-based Bollinger Shipyards announced major awards of government contracts in the last week giving both a boost to morale and their bottom line as a rocky 2009 comes to an end. The U.S.
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
December 11, 2009
Ted Falgout took the reins of Port Fourchon in 1978 – then a small coastal port in Louisiana. There were two tenants located on four acres of land and a budget of about $200,000. Today, Port Fourchon is home to 150 companies, spread through…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
December 9, 2009
On the heels of the climate summit in Copenhagen, a new report by the co-founder of Cambridge Energy Research Associates outlines a more sensible approach to solving the world’s energy woes than just ‘green’ ideas.“Clean Over Green: Striking…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
December 3, 2009
The head of a national shipbuilding association said their industry’s future could rest with innovative new green initiatives. Matthew Paxton, president of the Shipbuilders Council of America, spoke this week at the International Workboat Show in New Orleans…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
November 24, 2009
An international company that builds rigging components for deepwater and ultra-deepwater oil and gas platforms is expanding its operations in south Louisiana thanks to the financial incentives offered by state and local officials. The news…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
November 20, 2009
U.S. flagged offshore service vessel operators are hoping the Internal Revenue Service follows through on a recent directive to its field officers to crack down on foreign vessels working in the U.S. offshore oil and gas industry. Keith Jones…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
November 18, 2009
Offshore oil and gas pundits typically get a feel for the future of a region and the health of the industry by gauging interest and bid amounts during regular MMS lease sales. The next scheduled sale for the Gulf of Mexico is set for March 17, Secretary of the Interior Ken Salazar announced.
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
November 13, 2009
Skyrocketing healthcare costs are the fault of big bad insurance companies. High fuel costs are the fault of Big Oil. Wall Street’s woes are solely the responsibility of greedy CEOs and out-of-control investment bankers. One would think anyone…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
November 10, 2009
Then comes Ida – a late-season hurricane/tropical storm – the only storm to threaten Gulf oil and gas interests in 2009. The storm forced the evacuation of about 158 production platforms, or roughly 23 percent of the manned platforms in the Gulf.
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
November 6, 2009
The National World War II Museum held the grand opening of its new 70,000 square-foot expansion today in New Orleans and the centerpiece of the entire experience continues to be a single revolutionary vessel design, which many credit for the…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
November 4, 2009
Private, diversified companies have the good fortune of surviving times of economic distress by investing in the future. That’s the game plan of Galliano, La.-based Edison Chouest Offshore, which owns and operates a fleet of more than 180 vessels…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
October 29, 2009
Interior Secretary Ken Salazar recently visited Murphy Oil’s Medusa platform located about 100 miles off the Louisiana coastline. The spar platform is located in the deepwater Gulf in Mississippi Canyon Blocks 538 and 582. Medusa, as well as…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
October 27, 2009
The National Oceanic and Atmospheric Administration unveiled its new Physical Oceanographic Real-Time System, of PORTS, in New Orleans. The system provides real-time information via the Internet or phone to ship captains and mariners along the Lower Mississippi River.
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
October 23, 2009
That’s right, while Congress and the Obama Administration want to reinvest in the nation, proposals of new taxes, emissions restrictions and cap-and-trade are chasing away investment from the United States. On Wednesday, Questar Corp. CEO Keith…
Posted to Gulf Coast Maritime
(by
Matt Gresham)
on
October 13, 2009
Texas, Louisiana, Mississippi and Alabama have long forged a bond to lobby together for coastal needs. The four states make up America’s Energy Coast, an initiative of the America’s Wetlands Foundation, to shed light on the region’s coastal activities that drive the nation’s offshore energy supply.
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