Offshore Rig Quotes

Drilling without thinking has of course been Republican party policy since May 2008. With gas prices soaring to unprecedented heights, that's when the conservative leader Newt Gingrich unveiled the slogan 'Drill Here, Drill Now, Pay Less'—with an emphasis on the now. The wildly popular campaign was a cry against caution, against study, against measured action. In Gingrich's telling, drilling at home wherever the oil and gas might be—locked in Rocky Mountain shale, in the Arctic National Wildlife Refuge, and deep offshore—was a surefire way to lower the price at the pump, create jobs, and kick Arab ass all at once. In the face of this triple win, caring about the environment was for sissies: as senator Mitch McConnell put it, 'in Alabama and Mississippi and Louisiana and Texas, they think oil rigs are pretty'. By the time the infamous 'Drill Baby Drill' Republican national convention rolled around, the party base was in such a frenzy for US-made fossil fuels, they would have bored under the convention floor if someone had brought a big enough drill.

One might even take a speech of President Obama’s two years ago in the oil town of Cushing, Oklahoma, to be an eloquent death-knell for the species. He proclaimed with pride, to ample applause, “Now, under my administration, America is producing more oil today than at any time in the last eight years. That’s important to know. Over the last three years, I’ve directed my administration to open up millions of acres for gas and oil exploration across 23 different states. We’re opening up more than 75 percent of our potential oil resources offshore. We’ve quadrupled the number of operating rigs to a record high. We’ve added enough new oil and gas pipeline to encircle the Earth and then some.” The applause also reveals something about government commitment to security. Industry profits are sure to be secured as “producing more oil and gas here at home” will continue to be “a critical part” of energy strategy, as the president promised.

I stayed nine weeks. The last four were offshore. Pay doubled on the rigs to four dollars an hour but the best part was meals were free (steak for dinner every night with unlimited milk from the machine) and every week was eighty hours with forty of that counting as time-and-a-half.

The anonymous Com-12 briefing refers to the Black Rose Organization, which runs a “Black World Order” using drug monies from the Golden Triangle and the Golden Crescent. According to this anonymous but intriguing report, the current chairman and co-founder of the Black Rose is alleged to be George Bush (known in underworld circles as the White Rose). Bush is alleged to have developed a heroin shipment ring while Ambassador in China, and to run cocaine from Panama through his offshore oil rigs.

What we cannot do, under any circumstances, is precisely what the fossil fuel industry is determined to do and what your government is so intent on helping them do: dig new coal mines, open new fracking fields, and sink new offshore drilling rigs. All that needs to stay in the ground.

What we cannot do, under any circumstances, is precisely what the fossil fuel industry is determined to do and what your government is so intent on helping them do: dig new coal mines, open new fracking fields, and sink new offshore drilling rigs. All that needs to stay in the ground. What we must do instead is clear: carefully wind down existing fossil fuel projects, at the same time as we rapidly ramp up renewables until we get global emissions down to zero globally by mid-century. The good news is that we can do it with existing technologies. The good news is that we can create millions of well-paying jobs around the world in the shift to a postcarbon economy - in renewables, in public transit, in efficiency, in retrofits, in cleaning up polluted land and water.

At the time it was de rigueur among Putin's economic operators to represent themselves as 'effective managers.' In practice, however, it was limited to the facts that they dressed in bespoke Brioni suits, bought up the priciest offices in Russia, and modeled themselves on Leonardo DiCaprio in The Wolf of Wall Street, only it was the state's money they managed rather than their own. Beneath the veneer of effective management was the same bunch of crooks who, given the slightest opportunity to steal, would do so. They were effective only in being able to devise fifteen different ways of cooking the books of a government contract in less than a minute, inventing a dozen fake commercial deals to make everything look proper, and briskly spiriting the loot away to their offshore company. The top dogs in all these state corporations were totally corrupt, and most of the regular staff were even more outraged by that than I was. It was from whistleblowers that I obtained the information that provided the basis of my first high-profile anti-corruption investigation. In 2007, VTB began purchasing oil drilling rigs in China and then leasing them to Russian oil producers. The cost of a Chinese drilling rig was $10 million. VTB Leasing, however, paid 50 percent more than that through an intermediary offshore company registered in Cyprus. It seemed an entirely pointless arrangement. What did Cyprus have to do with anything, and why was an intermediary needed? Surprisingly, it turned out that this offshore company was controlled by VTB's top executives, and the price difference went straight into their pockets. They purchased not five, note ten, but thirty of these drilling rigs. It would have been impossible to find customers for so many. This deal was supposed to remain secret, like dozens of others, but on this occasion things worked out differently. I not only wrote about the business but traveled to Yamal, where, in the middle of a field, I found the orphaned rigs still in gigantic containers and covered in snow. In the summer they rusted in a swamp. This investigation was very straightforward. You didn't need a degree in economics or to be an expert on oil production to work out what was wrong. I wrote hundreds of complaints, went to court, and even won. In those days that was still possible. I urged all the minority shareholders of VTB to file complaints together with me and demand documents. They did. This lasted for years, with statements to the police, rejections, appeals, lawsuits in Russia and Cyprus. It was a particular pleasure to question Kostin personally on the topic of drilling rights at shareholder meetings. He tried to find excuses, but with a marked lack of success.