Not off our coast: the US states rejecting new offshore exploration
Along both Atlantic and Pacific coasts of the US, governors and senators have been voicing their opposition to offshore oil and gas exploration leases proposed following President Trump’s recent budget proposal. Do the benefits of increased exploration outweigh the opposition?
October’s top news stories
Aker BP signed a $2bn deal with Hess Norse, while ExxonMobil bought 33% in an offshore Brazil block. Offshore-technology recaps the top news stories from October 2017.
Targeting neutral: big oil and the carbon dilemma
From carbon offsetting to diversification and supporting carbon pricing schemes, the oil and gas industry is attacking the carbon dilemma from a number of angles. But can oil companies really transition away from their primary products, and what is the right balance to strike between supporting the climate change agenda and protecting an industry’s core business?
Is privatisation working out for Mexico’s oil industry?
The Mexican government’s decision to open its oil sector, historically monopolised by national oil company Pemex, to private investment has been a controversial process. But with a major recent discovery by private partners and bidding on new offshore rounds now gaining momentum, has privatisation proven its worth to an oil-exporting nation that has been struggling with declining production rates?
Sulphate-reducing bacteria: terrors of the deep
Sulphate-reducing bacteria add up to a huge problem for offshore oil producers, so how can a better understanding of these microbes’ functions help the industry tackle the problem of corrosion and reservoir souring? Dr Casey Hubert of the University of Calgary discusses his research into these bacteria, and how they might even help identify new hydrocarbon deposits in the future.