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More than 200 nautical miles off the coast of Newfoundland — a two-hour helicopter flight — Hibernia could have been a model of isolation. Communication by cellular phones is not an option.
A letter of intent has been signed by Hibernia Management and Development Co. Ltd. with Maersk Supply Service/ Seabase to provide supply vessel services required for the Hibernia offshore oil ...
In 2020, the oil rig count dropped from 676 in January to 172 in August and didn't start to ramp higher until October as new drilling rebounded. In that time, oil production dropped from 13 mm ...