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…
Petróleos Mexicanos’ (Pemex) US$8 billion bank loan comes amid heavy investor uncertainty over the oil company’s debt load, but lenders wanting to maintain links with Pemex and the left-wing administration overseeing the firm may have little choice but to commit to the financing…
Canadian based Horizon Maritime announced it has taken delivery of the newly rebranded support vessel Horizon Arctic, paving way for the establishment of its new Norwegian operation.The former Bourbon Arctic, now sailing under the name Horizon Arctic…
German utility RWE would consider teaming up with peers and oil companies to make a move in the U.S. wind market, its chief financial officer Markus Krebber said on Wednesday.RWE will become Europe's third-largest renewable group following a deal to acquire the green energy units of E…
CGG announced Tuesday it has commenced its first multi-client ocean bottom node (OBN) survey.Located in the north-central region of the Gulf of Mexico, this dense OBN survey will provide well-sampled, full azimuthal coverage with long offsets…
Authorities are monitoring a natural gas and condensate release from an orphan well four nautical miles southeast of Bob Hall Pier near Corpus Christi, Texas, the US Coast Guard said on Thursday (May 9).The Coast guard said watchstanders at…
Norwegian oil company Equinor announced Monday it has acquired an additional 22.45% stake in the deepwater Caesar Tonga oilfield in the U.S. Gulf of Mexico from Shell for $965 million in cash.The Andarko-operated Caesar Tonga field is located in 1…
SeaBird Exploration announced Friday it has secured a new contract for source work in the US Gulf of Mexico with an unnamed repeat customer. The Osprey Explorer, which recently completed an Ocean-bottom node (OBN) survey for another customer…
WindServe Marine has contracted DNV GL to classify a crew transfer vessel (CTV) which will be the first offshore wind vessel built in the US to class requirements. The purpose-built CTV is being built for Ørsted North America by Workboats in Hubert…
Otto Energy now owns 100% interest in the VR 232 license in the shallow water US Gulf of Mexico after acquiring the remaining 50% working interest Byron Energy.VR 232 is adjacent to Otto’s 50% owned South Marsh Island Block 71 oil field and production platform…
US oil giant ExxonMobil says it plans to invest up to US$100 million over 10 years in developing lower emission technology, working with the US' Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory…
Orsted U.S. Offshore Wind has entered into an agreement with the offshore wind support services provider WindServe Marine LLC to construct a two purpose-built offshore crew transfer vessels (CTVs).The first CTV will be built by US Workboats in Hubert…
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