Offshore production "is actually pretty critical to keeping that line open, " said Patrick Burden, president of Northern Economics.
New regulations and drilling restrictions will raise the cost of offshore production which will drive up the cost of oil.
However, if new demand grows and prices rise, hurricane activity could once again be a threat to key offshore production.
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She currently employs approximately 460 people who work offshore, and all of her revenue comes from servicing offshore production and drilling sites.
The natural gas industry has had a rather low-key attitude toward hurricane season threats on offshore production in the Gulf of Mexico.
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With oil prices rising and offshore production looking unattractive, we turn our attention to the great frozen north where water is sparse and oil sand abounds.
BP's Forties pipeline from the North Sea, which comes ashore at Grangemouth, carries about 700, 000 barrels of crude oil a day between a quarter and a fifth of Britain's offshore production.
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Offshore production means any platform structure that is affixed temporarily or permanently to offshore submerged lands and that houses equipment to extract petroleum and natural gas from the ocean or lake floor.
An important geophysical and technical subtext in the data: growth in offshore production has come entirely from the technically challenging deep water fields, not the older and more numerous shallow water regions.
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Then again, GDP may not be the best measure for the impact on the economy, as much of the benefit from offshore production accrues to energy companies who take their profits outside Scotland.
Offshore production is increasingly moving back to rich countries not because Chinese wages are rising, but because companies now want to be closer to their customers so that they can respond more quickly to changes in demand.
The U.S. Energy Information Administration said the moratorium would cut off an average of about 26, 000 barrels per day from October through December and roughly 70, 000 barrels per day in 2011 equal to roughly 6 percent of federal offshore production in 2009.
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The administration just finalized a plan that will build on the millions of acres we have made available for production offshore in the last year alone by making 75 percent -- 75 percent of offshore resources available for production.
But she does get sore about the subject of offshore film production.
Unlike offshore oil and gas production, offshore renewable energy projects often avoid thorny siting issues and enhance the bottom line.
By 2020, offshore oil production is expected to account for 34% of the global output opposed to 25% in 1990.
Offshore oil production could help refill the pipeline just when the flow from the North Slope is projected to reach critical lows.
Total U.S. offshore oil production amounts to 1.7 million barrels per day.
The only big offshore Arctic production site is the Snohvit gas field in the Norwegian Barents Sea, opened by Statoil in 2007.
Furthermore, policing the African coast helps protect those offshore oil production facilities at risk from interference by those selfsame sea-faring Sunni and Shia.
Offshore energy production facilities are highly sensitive to external conditions and frequently have to stop operations when threatened by spills, storms or other unusual circumstances.
Shortly before the ExxonMobil-Rosneft deal was announced, Vladimir Putin, Russia's president, announced plans to make it much more attractive for foreigners to invest in Russian offshore energy production.
Total U.S. offshore oil production is 1.7 million barrels per day, almost all of it from the Gulf of Mexico, eerily close to the two million barrels per day of the historic correlation.
While the regulatory headwinds that are keeping offshore wind production at bay are easing, the bigger gusts involve getting the financing needed to go ahead, as well as to conquering some of the technical hurdles.
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Our question is whether this incident will become influential enough to cause the United States to perceive whether justifiably or not offshore energy production to be unsafe and unreliable, and what the reaction to such a perception might be.
Exporters are struggling and some are moving production offshore because of the currency issue.
It is a leader in offshore exploration and production, which has helped Petrobras keep production growing at nearly double-digit rates.
The remaining producers of machine tools have either shifted production to other machine tool lines, or have moved production offshore.
Companies have been able to move production offshore and to resist demands for wage increases from workers in their domestic market.
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