Offshore North America News


SeaBird Scoops Two Contract Extensions

Jan 24, 2019

Marine seismic surveyor SeaBird Exploration announced Thursday it has secured extensions for two existing contracts.The contract for the 2D/3D shallow water vessel Voyager Explorer, which is working on an ocean bottom node survey in the Far East…

Polarcus Wins 3D Seismic Project Off Mexico

Jan 24, 2019

UAE-based marine geophysical company Polarcus announced Thursday it has been awarded a 3D marine seismic acquisition project offshore Mexico for an unnamed customer.Polarcus said the project duration is approximately 45-days and is scheduled to commence in the second quarter of 2019.

McDermott Awarded Cassia EPC Contract

Jan 24, 2019

McDermott International announced Thursday it has secured a contract award by BP Trinidad & Tobago (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 57 kilometers southeast off the coast of Trinidad…

Transocean Raising Cash to Pay for Deepwater Poseidon

Jan 23, 2019

Offshore drilling contractor Transocean announced Wednesday that its wholly owned indirect subsidiary Transocean Poseidon commenced a private offering of $550 million in aggregate principal amount of senior secured notes due 2027.The net proceeds…

Halliburton Profit Beats on International Demand

Jan 22, 2019

Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in North America.Clients in North America, Halliburton's biggest market by revenue…

Helix Secures P&A Work in GOM

Jan 21, 2019

Houston based Helix Energy Solutions Group is slated  to perform plug and abandonment operations (P&A) work in the Gulf of Mexico following a recent agreement with Marathon Oil.The services company announced Monday that it acquired from Marathon…

BP Goes Global with Seismic Tech

Jan 18, 2019

Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil.The software used in the Gulf, based on an algorithm created by Xukai Shen…

Safer Than Other Industries

Jan 18, 2019

The oil and gas industry’s relentless focus on safety is paying off. Earlier this week, the American Petroleum Institute (API) released its Workplace Safety Report, which revealed occupational injuries and illness for the oil and gas industry…

BP Gives Up Acreage Offshore Nova Scotia

Jan 15, 2019

BP Canada is scaling back its oil and gas exploration plans off Nova Scotia, as the Canada-Nova Scotia Offshore Petroleum Board (NSOPB) said the company is giving back 50% of the area included in its license.According to NSOPB, half of the area…

WoodMac Bullish on Gulf of Mexico

Jan 11, 2019

The outlook for the Gulf of Mexico for 2019 continues to improve.Earlier this week, BP made public plans to expand its Atlantis field, reported new discoveries near its Na Kika platform, and credited a breakthrough in seismic imaging with identifying…

Offshore Wind Ready To Take Off in US

Jan 10, 2019

Up and down the East Coast, initiatives to develop a massive and largely untapped market can make sea change in American offshore wind, says the  Institute for Energy Economics and Financial Analysis (IEEFA).IEEFA pointed out that the big lease…

Lessons Learned from an I3P Review of HPHT Equipment

Jan 09, 2019

The U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) defines a high-pressure/high-temperature (HP/HT) environment as any reservoir that requires completion equipment or well control equipment with an assigned pressure rating greater than 15…

TechnipFMC Scores Contract for BP's Atlantis Phase 3

Jan 09, 2019

TechnipFMC announced Wednesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract by BP for the Atlantis phase 3 project in the Gulf of Mexico.TechnipFMC did not specify the exact value of the contract…

ABS Opens New Headquarters

Jan 08, 2019

Classification society ABS on Tuesday held an official ribbon-cutting ceremony to formally open its new global headquarters in Spring, Texas.“This is a significant milestone in our 157-year history and reaffirms our commitment to provide industry…

Subsea Intervention Outlook 2019

Jan 08, 2019

Subsea intervention is going to be big in 2019, just not where you were expecting. David Carr, Senior Vice President - International Development at Helix Energy Solutions Group, gives his forecast for 2019.Around this time of year, the papers are full of forecasts…

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BP Rig Arrives On Site Despite Protests

Bourbon BoD to Analyze Restructuring Proposals

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Shell Sees More FLNG Opportunities

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