Currently, more than a third of global oil and gas production comes from offshore fields. The exploration, development, construction, production, logistics, maintenance and decommissioning operations of these fields are carried out with maritime units, including offshore vessels, installations (fixed, floating and subsea) and pipelines. For many countries, the offshore industry is contributing significantly to the national and global economy.
Authorities were trying to assess the environmental impact of oil that’s on fire in the East China Sea after an Iranian tanker sank and caused a spill that covered about 4 square miles.
US and Alaska state officials will no longer seek an additional $92 million from Exxon Mobil to pay for environmental cleanup and restoration stemming from the massive Exxon Valdez oil spill 26 years ago.