McDermott International on Tuesday said it has been awarded a contract by Eni for engineering, procurement and construction (EPC) of wellhead platform one (WHP1) to be installed in the Amoca field, located approximately 30 kilometers offshore Dos Bocas in southeast Mexico…
The U.S. Interior Department is still processing permit applications for companies to conduct seismic testing in the Atlantic - a precursor to drilling - despite shelving its plan to vastly expand offshore drilling, a spokeswoman said on Monday…
Denmark's offshore wind giant Ørsted has awarded WorleyParsons a core role in its Revolution Wind project, which will see the design and installation of a 700-megawatt offshore wind farm, located 15 kilometers south of the Rhode Island coast…
Chevron Corp on Friday pushed back at the potential for a rival to break up its $33 billion deal for Anadarko Petroleum Corp, saying the two companies had already begun meetings on a merger plan.Occidental Petroleum last Thursday sought to scuttle the proposed deal…
Canada's Husky Energy Inc beat analysts' estimates for quarterly profit on Friday, as it benefited from improved Canadian crude prices following Alberta's output cuts and investment in a number of refineries and pipelines boosted its margins per barrel…
The Trump administration will hold off on issuing its plan to expand offshore drilling as it weighs what to do after a March court ruling that blocked drilling in the Arctic and Atlantic, Interior Secretary David Bernhardt told The Wall Street Journal…
Hess Corp reported a surprise profit on Thursday, supported by higher production at the U.S. oil and gas producer's oilfields in the Bakken shale and Gulf of Mexico regions.The company said production from Bakken rose 17 percent to 130,000 barrels of oil equivalent per day (boe/d)…
Shell announced Wednesday it has made a significant discovery at the deepwater Blacktip prospect in the Alaminos Canyon Block 380 in the U.S. Gulf of Mexico.The discovery is located in approximately 1,900 meters water depth in the Alaminos Canyon Block 380…
While the only commercially operating wind farm offshore the US is off the country’s tiniest state – Rhode Island – many of the larger and more populous states, particularly in the Northeast, are committed to power generated by offshore wind farms…
Oilfield services company Danos said it has named Daryl Rousse as vice president of production services.The announcement follows Danos’ recent acquisition of Shamrock Energy Solutions, where Rousse served as chief operating officer for three years…
Oil and gas producer Murphy Oil Corp said on Tuesday it would buy Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for at least $1.38 billion in cash in a move to strengthen its position in the region that saw record production last year…
Oceaneering International announced Monday that it has taken delivery of a newbuild subsea construction support vessel, Ocean Evolution, built by BAE Systems in the US.The US-flagged, Jones Act-compliant multi-service vessel (MSV) has completed sea trials and received all necessary ABS and U…
Currently one in every five barrels produced in the United States comes from the Gulf of Mexico (GoM), and 88% of that output flows from reservoirs in water depths greater than 500 feet.In 2016 the GoM produced 575 million barrels of oil, and in 2017 621 million barrels…
Halliburton Co said on Monday a pricing downturn that has plagued the oilfield services sector was bottoming out, as it reported modestly higher activity levels in North America in the first quarter from a year earlier.Oilfield services providers…
Talos Energy said it has completed a successful Zama appraisal well and production test in Block 7, located in the offshore portion of Mexico's Sureste Basin.Talos is the operator of the bock, and its partners are Sierra Oil & Gas, a company of DEA Deutsche Erdoel AG…