Offshore North America News - page 3

TEMS Inks Two Deepwater Gulf of Mexico Deals

Jun 12, 2020

Aberdeen-based oilfield services company TEMS International focused on improving the performance and compliance of drilling systems has recently secured two contracts in the deepwater Gulf of Mexico.The company said Thursday that the contracts…

Oil Extends Slump as Prospect of Second Viral Wave in U.S. Ends Rally

Jun 12, 2020

Oil prices fell on Friday, extending heavy overnight losses as a surge in U.S. coronavirus cases this week raised the prospect of a second wave of the COVID-19 outbreak hitting demand in the world's biggest consumer of crude and fuel.West Texas Intermediate was down 65 cents…

ConocoPhillips CEO Says Surprised by Quick Rebound in Oil Prices

Jun 11, 2020

ConocoPhillips Chief Executive Officer Ryan Lance on Wednesday expressed surprise at the quick rebound in U.S. oil prices that slipped into the negative territory in April and said he expects prices to remain volatile in the near term.Oil is now trading at near $40 per barrel…

US Grants 12 Royalty Cuts for Struggling Offshore Drillers

Jun 10, 2020

The Trump administration has approved 12 applications for reductions in royalty payments from offshore drilling companies reeling from reduced demand for fuel and battered prices, according to the agency that processes such requests.In an email…

Deep Down Secures GoM, APAC Orders

Jun 10, 2020

Subsea oil and gas production control equipment provider Deep Down has said it has received orders from two customers totaling approximately $2 million.The scope of work for these orders includes providing subsea controls equipment consisting of jumpers…

Aker Solutions' Umbilicals for Murphy's King’s Quay FPS

Jun 10, 2020

Norwegian offshore engineering and construction company Aker Solutions will deliver umbilicals for Murphy's King's Quay offshore project in the U.S. Gulf of Mexico. Aker Solutions said Wednesday that the contract for the delivery of umbilicals was awarded to it by Subsea 7…

Byron Set to Install Platform at Gulf of Mexico Block

Jun 10, 2020

Offshore platform installation works are set to begin at Byron Energy's U.S. Gulf of Mexico operator South Marsh Island 58 G offshore block.Byron said Tuesday that a material barge would arrive at a construction yard near New Iberia, LA to begin load out of the SM58 G platform jacket pilings…

About 31% Oil, 33% Gas Output Shut in U.S. Gulf After Storm

Jun 10, 2020

About 31%, or 575,541 barrels per day (bpd), of offshore crude oil production remain[ed] shut in the U.S.-regulated Gulf of Mexico on Tuesday following the passage of Tropical Storm Cristobal, the U.S. government said.About 33%, or 898.32 million cubic feet a day (cfd)…

Enterprise Working to Address Delays with SPOT Offshore Terminal

Jun 10, 2020

Enterprise Products Partners LP is working with U.S. officials to advance an offshore crude terminal project after the review schedule was suspended last week, the company said.Enterprise and Enbridge Inc agreed late last year to jointly develop a U…

First Major US Offshore Wind Farm Reaches Permitting Milestone

Jun 09, 2020

The first major U.S. offshore wind farm, planned for the Massachusetts coast, reached a key permitting milestone on Tuesday with the release of a long-awaited federal environmental study that considers the project's impacts on fisheries and navigation…

Freight Planning… What About Offshore Wind…?

Jun 09, 2020

At the end of 2019 – December 27, to be exact – the US Department of Transportation, Office of the Secretary – filed a request for information regarding the development of a National Freight Strategic Plan (NFSP), required by the multi-year federal transportation bill…

Oxy Starts Returning Staff to U.S. Gulf of Mexico after Storm

Jun 09, 2020

Occidental Petroleum Corp has begun returning staff to some of its Gulf of Mexico facilities after storm Cristobal moved away from the region, the company said on Monday.The company plans to return workers to all facilities on Tuesday and resume production when safe…

USA: Twelve Offshore Wind R&D Projects Selected for Funding

Jun 08, 2020

The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected twelve projects for contract negotiation, completing its first solicitation for offshore wind research and development technology projects. The twelve awards totaling $10…

Oil Prices Rise on OPEC+ Cuts. Brent at $42,8

Jun 08, 2020

Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China's crude imports hit an all-time high in May.Brent crude was up 51 cents, or 1.2%, at $42.81 per barrel, by 0628 GMT, while U…

Offshore Workers, Louisiana Locals Flee Ahead of Storm Cristobal

Jun 07, 2020

Tropical Storm Cristobal on Saturday dumped rain from Louisiana to the Florida peninsula as it moved through the U.S. Gulf of Mexico, prompting evacuations of several southeast Louisiana towns and dozens of offshore oil platforms.Cristobal, packing winds of 50 miles per hour (85 km)…

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