Volume 31 | August 8, 2017
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Offshore Energy Production – Growing Stronger through Made in America - as submitted to Louisiana State Newspapers 
BSEE Executive Director Scott Angelle: "In the spirit of President Trump’s “Made in America Week” it’s important to highlight the contribution of Outer Continental Shelf energy resources. As the second largest revenue contributor to the Treasury - $2.8 billion in 2016, OCS production supports more than 300,000 U.S. jobs, over $30 billion in value added and in excess of $55 billion in U.S. economic output.

With the OCS contributing 1 out of every 6 barrels produced in this country, we have an important role to play. The OCS contributes to energy security providing enough energy for one out of every ten Americans. National security is reinforced through reliable OCS production lessening our dependence on energy from areas of the world that do not share our values. Energy production from the OCS promotes economic security through the support of hundreds of thousands of jobs in 47 states."
BSEE recognizes Offshore Industry during American Dream Week

For American Dream Week, we at BSEE are recognizing the many ways that the offshore energy industry supports and reflects the American dream.

Now a mature and robust business that provides thousands of jobs in addition to fueling the transportation, manufacturing, and technology sectors, offshore oil and gas production as we know it was a pipe dream only a century ago. It required vision, determination, and hard work to bring to fruition the incredible potential that lies beneath the outer continental shelf.

Full Featured Story

$50-a-barrel oil boosts offshore drillers’ hopes of vying with shale via Houma Today

A downturn in the price of oil from its high of $115 a barrel three years ago cost Houma-Thibodaux’s economy thousands of jobs. As break-even costs fall, the area economy could see some offshore oil jobs return.

And after more than three years of pain, that prospect has some investors excited. Transocean Ltd. rose the most in more than eight months after the world’s biggest provider of offshore rigs predicted explorers could soon shift their spending from land to sea as crude futures inch closer to the key level. Shares of other deepwater service providers like Diamond Offshore Drilling Inc. and Noble Corp Plc also surged on the heels of Transocean’s rally.

Full Article

Gulf of Mexico Sunrise 
A day in the life of a Gulf Energy Worker
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In the Gulf of Mexico we are proud to produce the energy to fuel America, to generate the revenues for the U.S. treasury, and to create thousands of good paying American Jobs. We stand together to be Gulf Proud. Energy Strong. 
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