Offshore North America News - page 9


U.S. Tops List of Most Attractive Countries for Renewables Investments. Overtakes China

May 19, 2020

The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday.In…

PGS Gearing Up for Three New Surveys Offshore Canada

May 18, 2020

Norway's PGS has said it will carry out three new seismic surveys off the east coast of Canada this summer, using its Ramform Atlas and the Ramform Titan vessels.PGS said Monday that the new surveys, Blomidon, South Bank, and Torngat Extension…

U.S. Gov't Urged to Enable Widespread Covid-19 Testing of Offshore Workforce

May 11, 2020

Two U.S. associations representing interests of the country's oil and gas workers have called for the U.S. Government to 'to recommend and direct the allocation of COVID-19 test kits and quick response testing and analytical equipment to the offshore oil and gas community…

Shell Offers Mars Sour Crude Storage as Offshore Producers Keep Pumping

May 08, 2020

Shell Midstream Partners said on Thursday it is offering storage in its Mars Sour crude cavern on the U.S. Gulf Coast, as offshore producers are not cutting output like onshore shale drillers despite the oil price downturn caused by the coronavirus pandemic…

Hess Posts Quarterly Loss, Deepens Spending Cuts

May 07, 2020

U.S. oil and gas producer Hess Corp on Thursday introduced deeper spending cuts after reporting a quarterly loss due to impairment charges of $2.25 billion on some oil-producing assets amid the coronavirus crisis.Stay-at-home orders designed…

Occidental Posts $2.2B Loss, Deepens Spending Cuts

May 06, 2020

Occidental Petroleum Corp on Tuesday swung to a first-quarter loss on writedowns and charges, and the troubled U.S. oil producer cut its budget for the third time since March in response to a historic oil-price crash.The company has been struggling…

Logan Builds ROV A-Frame for Gulf of Mexico Use

May 05, 2020

Hydraulic repair, manufacturing and rental company Logan Industries delivered a custom A-frame to TechnipFMC for one of the services company's new state-of-the-art remotely operated underwater vehicles (ROV), which will deploy later this year…

Hilcorp to Conduct Geohazard Survey in Cook Inlet, Alaska

May 05, 2020

Oil and gas company Hilcorp has received permission from the U.S. Bureau of Ocean Energy Management to carry out a geohazards survey in the federal waters of Cook Inlet, off the coast of Southcentral Alaska. The area to be surveyed is in lower Cook Inlet…

Coronavirus Pushes Oil Majors to Biggest Output Cuts in 17 years

May 05, 2020

Oil and gas output from some of the world's top oil companies is set to drop by nearly 11% in the second quarter of 2020 to levels not seen in at least 17 years, according to Reuters calculations. The output cuts are driven by an unprecedented…

Offshore Wind Firm Orsted Beats Profit Forecasts

Apr 29, 2020

Orsted beat first-quarter profit expectations on Wednesday and said the coronavirus would not 'materially' hit earnings this year although it might slow U.S. projects.The world's largest offshore wind developer said it did not expect the coronavirus…

Ocean Sun's Floating Solar Tech to Get U.S. Patent

Apr 28, 2020

Norway-based Ocean Sun, a developer of floating solar technology, will be granted a new patent for the technology in the U.S.The company on Monday said: 'United States Patent and Trademark Office (USPTO) has informed Ocean Sun that a new patent will be granted in May 2020…

Coastal Virginia Offshore Wind On Track Despite COVID-19

Apr 28, 2020

The Coastal Virginia Offshore Wind (CVOW) project remains on schedule to become an economic driver in Hampton Roads. The project team and vessel crews have implemented processes to navigate the impact of the worldwide coronavirus pandemic, Dominion Energy said Monday…

Diamond Offshore Files for Bankruptcy

Apr 27, 2020

Diamond Offshore Drilling Inc filed for bankruptcy protection in Texas on Sunday, after the company recently skipped making an interest payment and said it had retained restructuring advisers.The Houston-based contract drilling company's filing…

BOEM Studies Renewables' Potential in US Gulf

Apr 24, 2020

The Bureau of Ocean Energy Management (BOEM), Gulf of Mexico OCS office published two new studies examining the potential for and impacts of renewable energy projects in the U.S. Gulf of Mexico.“Offshore Renewable Energy Technologies in the…

Seabed Geo Places Eidesvik Offshore Vessel on Standby

Apr 24, 2020

Ocean Bottom Node survey company Seabed Geosolutions and Norwegian vessel owner Eidesvik Offshore have reached an agreement to place Eidesvik’s Subsea Viking vessel on a stand-by.Seabed Geosolutions back in February awarded two Eidesvik's vessels…

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