Offshore North America News

 

Construction of New York’s First Offshore Wind Farm Set to Start as Final Approval Granted

Jan 20, 2022

The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has granted Construction and Operations Plan (COP) for the South Fork Wind, New York’s first offshore wind farm, Ørsted confirmed Thursday. This is the final decision needed from the agency to move the project toward the start of construction.  The approximately 130 MW South Fork Wind project, owned by the Danish firm Orsted AS and U…

SailPlan Helps Harvey Gulf Cut Offshore Vessel Emissions

Jan 24, 2022

U.S. offshore vessel operator Harvey Gulf International Marine has signed an agreement with SailPlan, the maritime cleantech company that reduces ship emissions, to add SailPlan to its fleet.SailPlan is an emissions monitoring and optimization platform that combines the real-time engine…

Halliburton Doubles Quarterly Profit, Raises Dividend as Oil Rebounds

Jan 24, 2022

Halliburton Co's fourth-quarter adjusted profit doubled from a year earlier, it said on Monday, beating analysts' forecasts and prompting the oilfield services company to lift its dividend following a rebound in crude and natural gas prices…

Schlumberger Expects 'Supercycle' as Demand Lifts Profit above Forecast

Jan 24, 2022

Schlumberger beat expectations with a rise in fourth-quarter profit on Friday as higher crude and natural gas prices drove demand for the world's largest oilfield services company.Oil prices surged about 50% last year and are trading at seven…

Schlumberger Profit Rises as Higher Oil Prices Drive Drilling Services Demand

Jan 21, 2022

Schlumberger NV, the world's largest oilfield services company, reported a rise in fourth-quarter profit on Friday, as higher crude and natural gas prices drove up demand for its services and equipment.Oil prices surged about 50% last year and…

Baker Hughes Posts Q4 Profit as Higher Oil Prices Spur Drilling Demand

Jan 20, 2022

Baker Hughes Co on Thursday reported an adjusted quarterly profit compared with a year-ago loss, as producers took advantage of a rise in crude prices that fueled demand for oilfield service equipment.Oil prices surged more than 50% last year…

Appeals Court Revives BP’s Fight Over Deepwater Cleanup Workers’ Claims

Jan 20, 2022

A federal appeals court on Wednesday revived a fight between BP, two contractors, and an insurance company over who should pay for thousands of personal injury claims brought by cleanup workers after the Deepwater Horizon explosion and fire in 2010…

Hornblower Acquires Two Offshore Vessels

Jan 19, 2022

Hornblower Group announced on Wednesday it has acquired two offshore vessels: the Seaward Explorer and Seaward Endeavor, previously the California Responder and Pacific Responder, respectively. Seaward Services, Inc. (SSI), part of the Hornblower Group of maritime businesses…

NY Offshore Wind: Evaluating Sea-shore Interconnections

Jan 18, 2022

The New York State Energy Research and Development Authority (NYSERDA) announced the start of a major analytical project to understand transmission interconnections between offshore wind turbines and land-based points of interconnection (POIs)…

Exxon Pledges Net-zero Carbon Emissions from Operations by 2050

Jan 18, 2022

Exxon Mobil Corp on Tuesday pledged to cut to zero its net carbon emissions from its global operations by 2050, catching up with rivals who are minimizing their carbon footprints.Exxon's 2050 plan, first mulled last year, covers emissions from its oil…

Equinor, BP Hit Key Milestone for New York Offshore Wind Projects

Jan 14, 2022

Equinor and BP on Friday announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1 offshore wind projects.Empire Wind…

Hellenic Cables Delivers Inter-array Cables for Dominion Energy's CVOW Project

Jan 14, 2022

Hellenic Cables has completed cable manufacturing and loading for shipment, as part of the contract with the U.S. renewables firm Dominion Energy for the partial supply of inter-array cables for the Coastal Virginia Offshore Wind (CVOW) commercial project…

Senator Cruz's Nord Stream 2 Sanctions Bill Fails in U.S. Senate

Jan 14, 2022

The U.S. Senate on Thursday failed to pass a bill to slap sanctions on Russia's Nord Stream 2 natural gas pipeline sponsored by Republican Senator Ted Cruz, a day after Democrats unveiled their own legislation.The tally was 55 in favor and 44 against the bill that needed 60 votes to pass…

BOEM Preparing Draft EA for Future Offshore Wind Operations in Gulf of Mexico

Jan 14, 2022

The U.S. Bureau of Ocean Energy Management (BOEM) has this week said it is preparing a draft environmental assessment (EA) to consider the impacts of potential offshore wind leasing in federal waters of the Gulf of Mexico.The area that will…

US Oil and Gas M&A Activity Slows in Q4

Jan 13, 2022

Dealmaking in the U.S. oil and gas industry halved in value in the fourth quarter from the third, with the annual total falling short of the pre-pandemic average, according to data published by analytics firm Enverus on Thursday.Oil producers…

Current News

Sinoocean Inks Spare Parts and Service Deal with Ulstein

Sinoocean Inks Spare Parts and Service Deal with Ulstein

Kuwait's KUFPEC Makes First Operated Offshore Discovery in Indonesia

Kuwait's KUFPEC Makes First Operated Offshore Discovery in Indonesia

SailPlan Helps Harvey Gulf Cut Offshore Vessel Emissions

SailPlan Helps Harvey Gulf Cut Offshore Vessel Emissions

Ex-NYSERDA Principal Engineer Joins Floating Wind Specialist Hexicon

Ex-NYSERDA Principal Engineer Joins Floating Wind Specialist Hexicon

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