By Georgina McCartney HOUSTON (Reuters) – 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. Offshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies of […]
Tag: deepwater
New deep-water channel allows first ship to pass Key bridge wreckage in Baltimore
BALTIMORE (AP) — The first cargo ship passed through a newly opened deep-water channel in Baltimore on Thursday after being stuck in the harbor since the Francis Scott Key Bridge collapsed four weeks ago, halting most maritime traffic through the city’s port. The Balsa 94, a bulk carrier sailing under a Panama flag, passed through […]
As shale oil gains slow, deepwater port struggles for customers
By Arathy Somasekhar HOUSTON (Reuters) – As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia. In April, Enterprise Products Partners’ SPOT became the first project to receive a license from the U.S. maritime […]
Colombia to send deep-water expedition to explore 300-year-old shipwreck thought to hold treasure
BOGOTA, Colombia (AP) — Colombia’s government on Friday announced plans for a deep-water expedition to explore the mythical galleon San José, sunk in the 18th century in the country’s northern Caribbean and believed to contain cargo valued at billions of dollars. It is the first phase of a scientific research into deep waters that aims […]