US subsea services firm Aqueos Corporation announced it has appointed Eric Legendre to the position of Vice President – International Business and Strategic Development, based the company's new Houston office.Legendre brings more than 18 years industry experience to the roleTed Roche…
IBM’s The Weather Company has predicted a slight decrease in the 2019 Atlantic hurricane season compared to 2018, but el Niño’s delayed advance could increase this year’s storm potential.The Atlantic hurricane season starts June 1 and runs through November 30…
Authorities said on Wednesday they are searching for an oil platform worker who has gone missing in the US Gulf of Mexico.The US Coast Guard said it has deployed two air crews and a cutter boat crew to search for a 54-year-old-man in the water near Renaissance Offshore's Eugene Island 331 platform…
Pemex's oil exports dropped by 11% in April compared to the previous month, while production slipped by 0.9%, data from the Mexican state oil firm showed on Friday.Exports of Maya crude, the only type Pemex has been selling abroad for almost a year…
Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire Anadarko Petroleum.It also quadrupled its debt - to $40 billion - at a time when investors are calling for spending cuts and higher dividends…
ACE Winches said it has been awarded two contracts from Subsea 7 to use the Scotland-based company's linear winch pull-in systems in the US Gulf of Mexico.ACE Winches did not reveal the exact contract values, but said each is worth more than £4 million ($5…
Mexico's government aims to give $7.3 billion in tax relief to heavily indebted state oil company Pemex, according to a document seen by Reuters on Thursday, in an effort to cool fears over its financial viability and the impact on the wider economy…
Mexico's government has punished the former chief executive of state oil firm Petroleos Mexicanos for misuse of public funds in the purchase of fertilizer business Fertinal, according to three people with knowledge of the matter.The Public Administration…
The Shell-operated Appomattox floating production system in the US Gulf of Mexico has been brought into production several months ahead of schedule, the British-Dutch supermajor announced on Thursday.The ultra-deepwater Appomattox development…
New legislation could stall US offshore wind farm development, the National Ocean Industries Association (NOIA) said.The House Appropriations Committee adopted language calling for a one-year Department of Defense study of the impact of offshore wind turbines…
Norway based marine seismic surveyor Magseis Fairfield announced Wednesday it has received a letter of intent (LoI) for a two-month deepwater data acquisition program in the Gulf of Mexico.The survey is due to commence late in the fourth quarter of 2019…
TGS and Schlumberger’s geophysical services product line WesternGeco will work together to develop opportunities to co-invest in additional multiclient ocean-bottom node projects in the deepwater U.S. Gulf of Mexico under a new collaboration agreement announced Wednesday…
French utility Engie and Portuguese power company EDP will create a 50-50 joint venture to pool their fixed and floating offshore wind operations, the companies said on Tuesday.'Creating this JV will bring the projects we have together. It means…
Aaron C. Smith, President and Chief Executive Officer of the Offshore Marine Service Association (OMSA), weighs in on top issues facing the U.S. offshore marine transportation service industry, including the Jones Act, liquefied natural gas…
Authorities say they have finally contained a 14-year oil spill in the US Gulf of Mexico.The US Coast Guard said it worked alongside a team of contractors to deploy a subsea system that successfully contains and collects oil being discharged…