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Press Release

NOIA and API to Release Study on Offshore Gulf of Mexico Economic Impacts

Conference call with reporters on Monday, July 11, 2011, at 11:00 am ET

New study shows nationwide benefits of industry and impacts of permitting delays

WASHINGTON--(BUSINESS WIRE)--A new study by QUEST Offshore Resources, Inc. estimates the potential jobs, GDP and revenue benefits of a balanced regulatory approach to offshore Gulf of Mexico oil and natural gas development. Please join the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API), which jointly commissioned the study, to discuss the results and the implications for energy policy.

There will also be an opportunity for reporters to ask questions.

 

 

What:

Conference call on QUEST study on the Economic Benefits of GOM Oil and Gas Development and Impacts of Permit Delays

 

Who:

Randall Luthi, NOIA president

Jack Gerard, API president and CEO

 

When:

Monday, July 11, 2011

11:00 am ET

 

Phone:

            (800) 374-2418      

 

Conference ID:

818 62 705

 

Please RSVP by replying to carrollc@api.org or by calling API media relations at             202-682-8114      .

 

NOIA contact: Nicolette Nye,             202-347-6900      .

 

This call is open to credentialed media only.



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Quest Offshore Resources is a leading provider of specialized market expertise, strategic analysis, marketing communication and consultancy services to deepwater upstream oil and gas markets globally. Quest enjoys a long, proud history of providing superior market data, strategic insight and consulting to the industry's leading oil companies, contractors, and manufacturers. Quest specializes in the deepwater segments for drilling, subsea, umbilicals risers & flowlines, floating production, marine construction and the global supply chain.

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