Offshore wind is headed toward new highs with the North Sea region serving as the backbone of the global market, says Douglas-Westwood’s Celia Hayes. Image from iStock. The offshore…
Technip’s US arm has awarded Boa a contract for light construction, heavy lift and possible umbilical lay operations and installations in the Gulf of Mexico for up to five months, including mobilization and options. The scope of work…
Mexican state oil company Petróleos Mexicanos (Pemex) has chosen its first-ever farmout deal by offering stake in its Trion deepwater field, in the Gulf of Mexico near the US border. Image of Gonzalez Anaya…
Diamond Offshore Drilling and Trelleborg's offshore operation have announced a joint development agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. According to Diamond, its patented…
Statoil made two oil discoveries in the Bay du Nord area during its 19-month exploration drilling program offshore Newfoundland, which the company is estimating the finds to possibly be in the lower end of the anticipated volume range. Map…
Vancouver-based EnerGulf Resources entered into a letter of intent (LOI) with Houston-based Texas South Energy, to participate in six offshore Gulf of Mexico (GoM) prospects owned and operated by GulfSlope Energy. GoM operations…
The first call for Mexico’s Round 2.1, consisting of 15 shallow water blocks, is anticipated to be released before the end of July, the country’s Secretary of Energy confirmed in Monterrey. The…
Former chief executive of BG Group, Helge Lund, has been appointed as the new director to oil services giant Schlumberger’s board of directors, earlier this month. According to a filing to the US Securities & Exchange Commission (SEC) on 1 June…
Wood Group Mustang and Grupo Diavaz, a Mexican oil and gas operator and services company, have created a joint venture engineering business to capitalize on Mexico's energy reform. Mustang Diavaz is based in Mexico City and will provide engineering…
Supermajor Shell has donated nearly 9000sq km of its Arctic exploration permits to the Nature Conservancy of Canada to support a national marine conservation area off the coast of Nunavut. Image from Nature Conservancy of Canada…
The next five years will bring a reshaping of the global gas trade, the International Energy Agency (IEA) said in its 2016 Medium-Term Gas Market Report. New liquefied natural gas (LNG) supplies are coming online just as demand growth in some major markets weakens…
BP’s compiled data from last year has revealed that global energy consumption has slowed further, with the mix of energy sources shifting towards lower-carbon fuels. Image from BP. In…
InterMoor has successfully completed the final tensioning and chain cutting operations on the floating production, storage and offloading (FPSO) vessel, Turritella, for the Shell Stones project, located in the Walker Ridge protraction area in the Gulf of Mexico (GoM)…
Last year was a challenging year for the floating production systems (FPS) market. The low oil price threatened the commerciality of numerous projects, delay announcements for FPS units under construction arrived regularly and overall only four orders were placed…
CORTEC, a leading manufacturer of high quality API compact ball valves and manifolds, has expanded its CORTEC Manifold Systems (CMS) Lafayette manufacturing facility and relocated to new premises in Port Allen, Louisiana. According to Stephen Corte…