Offshore North America News - page 5

New York Quarry to Provide Rock for Empire Wind Offshore Projects

Jul 28, 2023

Great Lakes Dredge & Dock Corporation has signed the first ever subcontract for rock procurement for a U.S. offshore wind farm with Carver Sand & Gravel LLC (“Carver”), a U.S. quarry in the state of New York.Through this subcontract, Great Lakes…

Maine Sets Sights on 3GW Offshore Wind Deployment by 2040

Jul 28, 2023

Lawmakers in Maine on Wednesday passed legislation that would set a 3-gigawatt target for offshore wind deployment off the state's scenic coastline by 2040, a level that could satisfy half of its 1.3 million residents' power needs.The bill…

Pemex Downplays Impact of Offshore Oil Spill

Jul 27, 2023

The chief executive officer of Mexican state energy oil Pemex on Wednesday sought to downplay an oil spill in the Gulf of Mexico this month, saying it was quickly fixed and less serious than academics had calculated.Pemex has been under intense…

Eni and SLB in Pipeline Integrity Monitoring Collab

Jul 26, 2023

Oilfield service firm SLB and the Italian oil firm Eni, through its subsidiary Enivibes, have announced an alliance to deploy Eni Vibroacoustic Pipeline Monitoring System (e-vpms) technology, a vibroacoustic wave detection system capable of providing real-time analysis…

In a First for the U.S., DEME Installs 3,000 Ton Offshore Substation for Vineyard Wind 1

Jul 26, 2023

Offshore installation firm DEME Offshore said Tuesday it had installed the approximately 3,000 ton offshore substation for the Vineyard Wind 1 project - the first commercial-scale offshore wind farm in the United States.'The installation of the offshore substation…

Hess Makes Oil Discovery in U.S. Gulf of Mexico. Eyes Tubular Bells Tie-back

Jul 26, 2023

U.S.-based oil company Hess said Wednesday it had made an oil discovery at the Pickerel-1 exploration well in the U.S. Gulf of Mexico.The well is located in Mississippi Canyon Block 727, where Hess holds a 100% stake.The well encountered approximately 90 feet of net pay in high quality…

Danos Wins Multi-Asset Project with BP in Gulf of Mexico

Jul 25, 2023

US-based oilfield services provider Danos has recently won a contract to perform work across BP’s five assets in the Gulf of Mexico.The three-year agreement includes planning and estimating, fabrication, installation, and maintenance and repair…

Chevron CEO to Stay Past Retirement Age, Finance Chief to Depart in 2024

Jul 24, 2023

U.S. oil major Chevron Corp announced sweeping management changes on Sunday, including the retirement next year of its finance chief and extension of the mandatory retirement age for Chief Executive Officer Michael Wirth.Chief Financial Officer Pierre Breber…

Chevron's $6B Q2 Profit Tops Analysts' Outlook

Jul 24, 2023

Chevron Corp's second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also signaled the number two U.S. oil company remains open to more acquisitions and to increasing shareholder distributions this year…

SLB Tops Earnings Estimates on Demand for Offshore and International Drilling

Jul 21, 2023

SLB beat analysts' estimates for quarterly profit on Friday as a rebound in offshore and international drilling activity boosted demand for its oilfield services and equipment, even as activity in North America declined. Drilling activity in regions such as the Middle East and Asia…

Senesco Launches Jones Act CTV WindServe Genesis

Jul 21, 2023

Senesco Marine on Friday launched the new Jones-Act-compliant crew transfer vessel WindServe Genesis.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part of the Reinauer Group—will operate the CTV. The vessel…

Biden Attends Steel Cutting for Great Lakes' Subsea Rock Installation Vessel

Jul 20, 2023

President Joe Biden traveled to Philadelphia on Thursday to attend a steel cutting ceremony for Great Lakes Dredge & Dock Corporation's new offshore wind rock placement vessel, touting his administration’s clean energy agenda and job creation efforts as the U…

European Duo Partners Up to Support Floating Wind Farm Development in Nova Scotia

Jul 20, 2023

Dutch firm SBM Offshore, one of the world's largest FPSO suppliers, has teamed up with Irish renewable energy firm DP Energy to pursue floating offshore wind energy opportunities off Nova Scotia with their now formalized new joint venture.The…

Halliburton, Baker Hughes Beat Profit Estimates as International Demand Offsets Weak N. America

Jul 19, 2023

Halliburton Co and Baker Hughes beat analysts' estimates for second-quarter profit on Wednesday on the back of strong demand for oilfield services internationally, even as domestic activity stumbled. While oilfield drilling has seen a resurgence abroad…

Transocean Scores $518M Contract for Ultra-Deepwater Drillship in Gulf of Mexico

Jul 18, 2023

Offshore drilling contractor Transocean has secured a 1,080-day contract for one of its high-specification seventh-generation, ultra-deepwater drillships in the Gulf of Mexico, offshore Mexico. The contract will contribute approximately $518 million in backlog…

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