Offshore North America News


Chevron, Anadarko Launch Integration Planning

Apr 26, 2019

Chevron Corp on Friday pushed back at the potential for a rival to break up its $33 billion deal for Anadarko Petroleum Corp, saying the two companies had already begun meetings on a merger plan.Occidental Petroleum last Thursday sought to scuttle the proposed deal…

Husky Energy Beats Profit Estimate

Apr 26, 2019

Canada's Husky Energy Inc beat analysts' estimates for quarterly profit on Friday, as it benefited from improved Canadian crude prices following Alberta's output cuts and investment in a number of refineries and pipelines boosted its margins per barrel…

Trump Administration Sidelines Offshore Drilling Plan

Apr 25, 2019

The Trump administration will hold off on issuing its plan to expand offshore drilling as it weighs what to do after a March court ruling that blocked drilling in the Arctic and Atlantic, Interior Secretary David Bernhardt told The Wall Street Journal…

Gulf of Mexico Output Lifts Hess Profits

Apr 25, 2019

Hess Corp reported a surprise profit on Thursday, supported by higher production at the U.S. oil and gas producer's oilfields in the Bakken shale and Gulf of Mexico regions.The company said production from Bakken rose 17 percent to 130,000 barrels of oil equivalent per day (boe/d)…

Shell Makes Deepwater Find in US GoM

Apr 24, 2019

Shell announced Wednesday it has made a significant discovery at the deepwater Blacktip prospect in the Alaminos Canyon Block 380 in the U.S. Gulf of Mexico.The discovery is located in approximately 1,900 meters water depth in the Alaminos Canyon Block 380…

US Outlook: Offshore Wind on the Agenda

Apr 24, 2019

While the only commercially operating wind farm offshore the US is off the country’s tiniest state – Rhode Island – many of the larger and more populous states, particularly in the Northeast, are committed to power generated by offshore wind farms…

Danos Hires Rousse in VP Role

Apr 23, 2019

Oilfield services company Danos said it has named Daryl Rousse as vice president of production services.The announcement follows Danos’ recent acquisition of Shamrock Energy Solutions, where Rousse served as chief operating officer for three years…

Murphy Oil to Buy LLOG's GoM Assets

Apr 23, 2019

Oil and gas producer Murphy Oil Corp said on Tuesday it would buy Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings for at least $1.38 billion in cash in a move to strengthen its position in the region that saw record production last year…

Support Vessel Delivered to Oceaneering

Apr 23, 2019

Oceaneering International announced Monday that it has taken delivery of a newbuild subsea construction support vessel, Ocean Evolution, built by BAE Systems in the US.The US-flagged, Jones Act-compliant multi-service vessel (MSV) has completed sea trials and received all necessary ABS and U…

US Outlook: Deepwater Production Rising

Apr 22, 2019

Currently one in every five barrels produced in the United States comes from the Gulf of Mexico (GoM), and 88% of that output flows from reservoirs in water depths greater than 500 feet.In 2016 the GoM produced 575 million barrels of oil, and in 2017 621 million barrels…

Halliburton Reports Activity Uptick

Apr 22, 2019

Halliburton Co said on Monday a pricing downturn that has plagued the oilfield services sector was bottoming out, as it reported modestly higher activity levels in North America in the first quarter from a year earlier.Oilfield services providers…

Successful Zama Appraisal and Production Test

Apr 17, 2019

Talos Energy said it has completed a successful Zama appraisal well and production test in Block 7, located in the offshore portion of Mexico's Sureste Basin.Talos is the operator of the bock, and its partners are Sierra Oil & Gas, a company of DEA Deutsche Erdoel AG…

Mexico to Offer Pemex One Year Lifeline

Apr 14, 2019

Mexico will offer its ailing state oil company Pemex a lifeline for only one year by dipping into its budget stabilization fund, Finance Minister Carlos Urzua said on Friday, ruling out that the government will absorb the debt.With $106 billion in financial debt…

Shell Sells Caesar Tonga Stake for $965 Mln

Apr 11, 2019

Royal Dutch Shell announced it will sell its stake in the deepwater Caesar Tonga field in the US Gulf of Mexico for $965 million in cash to a subsidiary of Israel's energy conglomerate Delek Group.Company unit Shell Offshore will sell its 22…

Eni’s Miztón Platform Installed

Apr 09, 2019

Mexico’s Energy Reform has sen its first concrete offshore result, with the installation of of Eni’s Miztón platform in the Gulf of Mexico.In March, the Sapura 3500 DP3 Heavy Lift Vessel (HLV) completed the installation under the Area 1 Production Sharing Contract (PSC)…

Current News

OGA Publishes UKCS Decommissioning Report

Italy Lauches Multipurpose Offshore Patrol Ship

NPD Grants Drilling Permit to Equinor

Offshore Drilling Waste Management Support Tighter Regulations

Oceaneering Awarded Work in Mozambique

Wight Shipyard Breaks Into Offshore Wind

Leadership Changes at Equinor

Potential Norway Oil Strike Looms

Equinor Wraps Up Carcará Deal in Brazil

BP Rig Arrives On Site Despite Protests

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