Offshore North America News - page 193


Noble to focus on Israel, GoM development

Feb 18, 2016

Noble Energy is implementing an aggressive plan to decrease its capital program by 50% in 2016, as the company moves forward with several development projects planned for the year that include Israel and the Gulf of Mexico. Image from Noble…

Transocean cuts jobs, stacks more rigs

Feb 17, 2016

Transocean is stacking two of its ultra deepwater drillships due to current market conditions that will result in the reduction of about 200 jobs. The Transocean Champion. Image from Gusto MSC…

ExxonMobil launches Mobil Serv Lubricant Analysis

Feb 17, 2016

ExxonMobil has released Mobil Serv Lubricant Analysis, a new mobile-enabled used oil analysis service, in the US and Canada. The service streamlines the used oil analysis process, from initial sample gathering to final reporting.   Specifically…

Helix exits Deepwater Gateway

Feb 17, 2016

Helix Energy Solutions Group is selling its 50% stake in Marco Polo platform owner Deepwater Gateway to a subsidiary of Genesis Energy for US$25 million. Anthony Tripodo, Executive Vice President and CFO of Helix, said: “The sale of the…

Water Standard bags Appomattox gig

Feb 16, 2016

Water treatment solutions company Water Standard secured a contract with Shell Offshore for the design, fabrication, testing, and shipment of an ultrapure water generation package (UWGP) to be integrated on Appomattox, Shell’s floating production system located in deepwater…

Byron to spud SM 6 #2 well in GoM

Feb 15, 2016

Byron Energy mobilized the Hercules 205 jackup drilling rig to the SM 6 #2 well location in the Gulf of Mexico last week, and expects to spud the well this week. Hercules 205. Image from Hercules Offshore…

Seatronics names new VP for US region

Feb 15, 2016

Seatronics, an Acteon company and part of its survey, monitoring and data business, has announced the recruitment of Janelle Pence as vice president for the US region. Pence will be responsible for managing and developing Seatronics’…

Paragon to file for Chapter 11

Feb 12, 2016

Paragon Offshore is planning to file for bankruptcy this week in a deal that will eliminate more than US$1.1 billion of debt and reduce annual cash interest payments by nearly $60 million. Image from Paragon…

Transocean newbuild starts at Stones

Feb 12, 2016

Transocean’s Deepwater Thalassa has commenced operations on its 10-year contract for Shell’s Stones project in the US Gulf of Mexico this month. The Deepwater Thalassa. Image from Transocean. Stones…

SBM cuts 3200 jobs in 2015, more to come

Feb 10, 2016

SBM Offshore says there are no signs of recovery before 2018, as the floating production specialist reduced its workforce by 3200 in 2015, with more job cuts expected this year. Image of the Cidade de Saquarema in Guanabara Bay…

Bristow invests in Sky-Futures

Feb 10, 2016

Bristow Group has invested US$4.2 million in Sky-Futures, drone inspection data services provider for the oil and gas industry, giving Bristow immediate entry to the fast-growing UAV services business. Image from Sky-Futures…

DONG enters US offshore wind project

Feb 09, 2016

Denmark's DONG Energy will take over an offshore New Jersey wind lease previously held by RES Americas Developments that had been awarded to RES in an auction held by the US Bureau of Ocean Energy Management (BOEM) in November 2015. The New Jersey lease encompasses 160…

IEA: Global oil demand to decline considerably

Feb 09, 2016

In the International Energy Agency’s (IEA) oil market report for February 2016, signs of a demand slowdown surface, with higher OPEC output only partly offsetting non-OPEC decline. Having peaked, at a five-year high of 1.6 MMb/d in 2015…

Fugro, Areté deliver GoM surface current data

Feb 09, 2016

Fugro and technology partner Areté Associates have successfully delivered near real-time, synoptic, surface current data to characterize loop current and loop current eddy conditions in the US Gulf of Mexico during a period of intense current conditions…

Deep Gulf Energy picks Technip for deepwater project

Feb 09, 2016

Technip has been awarded a lump sum contract by Deep Gulf Energy III for the development of the deepwater Southe Santa Cruz and Barataria fields, in 200m water depth in the Mississippi Canyon, Gulf of Mexico. The contract consists of: Project management and engineering services…

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