Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River south of GeorgetownHOUSTON - As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.
Deepwater resources also offer lower carbon emissions intensity than shale and other tight oils, averaging 2kg of carbon dioxide per barrel less than shale, Hale said. That appeals to investors seeking safer bets as environmental regulations tighten. Renewed interest in deepwater has boosted demand and results for offshore drilling contractors. Rates for some vessels have surpassed $500,000 a day and contract durations are lengthening as vessel supply dwindles.
Bodies, pickup truck found in Mexican region where American and Australian tourists went missing, sources say Being elected president shortly after surviving the publication of the leaked “Access Hollywood” tape in 2016 is the moment in which Donald Trump defied political gravity.Prince Harry's visit to the UK coincides with a major royal event that is likely to be hosted by King Charles and Queen Camilla. Get details here...