Offshore North America News - page 203


1 dead in GoM accident

Oct 20, 2015

An accident onboard the drillship Pacific Santa Ana has left one worker dead. The news was confirmed by the US Bureau of Safety and Environmental Enforcement (BSEE), operator Chevron, and the drillship's owner, Pacific Drilling. The Pacific…

Helix earnings fall 87% in 3Q

Oct 20, 2015

Helix Energy Solutions announced in its 3Q results that its net income fell nearly 87% from US$75.6 million in 3Q 2014 to only $9.9 million for 3Q 2015. However, the drop is all about perspective. The company reported a net loss of 2.6 million in 2Q 2015…

ABS in offshore standardization JIP

Oct 20, 2015

ABS entered into a memorandum of understanding with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) to establish a joint industry project (JIP) with leading operators, drilling…

Cause of deadly Pemex Abkatún fire determined

Oct 19, 2015

Mexico’s Agencia de Seguridad, Energia y Ambiente (ASEA) has found that Petróleos Mexicanos' (Pemex) Abkatún Permanente platform incident that left four dead, 16 injured and three missing, was caused by a leak in a rarely used gas fuel line that had corroded…

SEG15: CGG releases software updates

Oct 19, 2015

CGG GeoSoftware has announced new releases to its application suites: Jason 9.0, Hampson-Russell 10.0 and Insight Earth 3.0. Jason 9.0 has a new anisotropic inversion tool for analyzing anisotropy for effective well design and optimum production…

TGS completes 25% of Gigante seismic

Oct 19, 2015

TGS announced that it has acquired 46,500km (25%) of the 186,000km 2D seismic project, Gigante.  The survey is being acquired with four Seabird vessels and the fifth vessel, m/v Aquila, will join the survey in early November.  Gigante…

Interior cancels Arctic lease sales

Oct 16, 2015

The US Department of the Interior announced it will cancel two planned Arctic offshore lease sales under the US government’s current five-year plan for 2012-2017 due to Shell’s failed Arctic campaign and current market conditions, which left…

Schlumberger drops 33% in 3Q

Oct 16, 2015

Oil services giant Schlumberger revealed its revenue took a 33% plunge in 3Q 2015 with revenue hitting almost US$8.5 billion for the period, citing a decline in rig activity and pricing pressure as the reasons. The results are causing the…

OPEC production down from August

Oct 13, 2015

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.2 MMb/d in September, down 60,000 b/d from August as Saudi Arabia further reined in supply, according to a Platts survey of OPEC and oil industry officials and analysts…

BP rewards Ocean Installer

Oct 12, 2015

UK-based SURF contractor Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities…

Senators introduce act to ban west coast drilling

Oct 08, 2015

Senators Maria Cantwell, Barbara Boxer, Dianne Feinstein, Patty Murray, Ron Wyden and Jeff Merkley introduced the West Coast Ocean Protection Act, legislation to permanently prohibit offshore drilling on the outer continental shelf of California…

GlobalData: Transparency is key for Mexico deepwater auction

Oct 07, 2015

As Mexico’s first offshore bidding round for already discovered fields saw bids significantly higher than the minimum set up by the government, adding further transparency to the process would be positive for the round as it approaches its deepwater phase…

Freeport weighs oil and gas exit

Oct 06, 2015

Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) may be done with its foray into the oil and gas sector, nearly three years after the journey began. On Tuesday, the company announced that in consideration of spinning off its oil and gas business…

Heidelberg topsides lifted

Oct 06, 2015

Anadarko Petroleum announced that topsides have been lifted onto the Heidelberg spar in the Gulf of Mexico this week. Heidelberg. Image from Anadarko Facebook. Using Heerema Marine Contractor's largest crane vessel…

The case for US Arctic exploration

Oct 06, 2015

Arctic drilling has made headlines since the announcement of Shell’s 2015 summer drilling campaign. Paired with the low oil prices due to a surplus of supply, many people wonder why we even need to drill in the Arctic when there is so much oil right now…

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