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July 25, 2008 11:08:03 PM CDT

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Stories related to: oil rig

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3 Stories

  • June 2008

    • Ship Shortage Stalls Offshore Oil Drilling

      newser  |  New York Times  |  Jun 19, 08 3:22 AM CDT

      Ship Shortage Stalls Offshore Oil Drilling

      A severe shortage of deep-sea drilling rigs will hold up exploitation of offshore oil for years, the New York Times reports. Existing rigs are booked solid for five years, and shipbuilders around the world are scrambling to fill dozens of new orders. Oil companies are frustrated by their inability to get at huge, newly discovered offshore fields. More »

      Tags

      oil drilling  • offshore oil  • oil reserves  • oil exploration  • ship  • oil rig

  • May 2008

    • Wind Power Finds Its Sea Legs

      newser  |  Economist  |  May 10, 08 9:39 AM CDT

      Wind Power Finds Its Sea Legs

      An answer to the world's energy crisis might be a breeze, the Economist reports—specifically, a breeze offshore. With wind blowing twice as fast offshore than on, engineers have been racing to develop technology to "float" wind turbines far out in the ocean—where they won't ruin coveted views from shore. They cost 50% more to build, but they generate five times as much power as landed cousins. More »

      Tags

      England  • Massachusetts  • Denmark  • renewable energy  • wind power  • oil rig  • renewable resources

  • February 2008

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