Usa News


Byron Installs Gulf of Mexico Platform

Jul 06, 2020

Byron Energy has completed the installation of the SM71 G platform in the Gulf of Mexico.The company said Monday that the installation of jacket and decks comprising the platform had been completed. 'The Triton Hedron derrick barge has de-mobilized…

LLOG Charters Transocean Rig for Shenandoah Drilling

Jul 03, 2020

U.S. oil company LLOG has chartered a Transocean drilling rig for the drilling of wells at the Shenandoah project in the Gulf of Mexico.The news was announced on Thursday by Navitas, LLOG's partner in the project (PDF in Hebrew), who said the contract was for four development wells…

Borr Drilling Regains NYSE Listing Compliance

Jul 03, 2020

Jack-up drilling rig specialist Borr Drilling has regained compliance with the continued listing standard on the New York Stock Exchange, avoiding delisting risk.Borr Drilling said in May it had been informed by the NYSE that the company was…

BP Wraps Sale of Alaska Business

Jul 02, 2020

BP Plc said it completed the sale of its Prudhoe Bay oil and gas producing properties to closely-held Hilcorp Energy, ending 60 years as a top Alaskan oil producer.BP and other oil majors have reduced their production roles in the northernmost U…

ConocoPhillips Deploys 'Low-code' Tech to Boost Bottom Line

Jun 30, 2020

ConocoPhillips has deployed a low-code platform called Mendix to cut costs and increase efficiency, making it the first major oil and gas producer to use such technology across the company, Mendix said in a statement on Tuesday.Mendix, owned by German technology firm Siemens…

Alaska Greenlights BP's Sale of Oil Leases to Hilcorp

Jun 30, 2020

Alaskan officials on Monday approved BP Plc's sale of its oil and gas leases in the state to closely held Hilcorp Energy Co. as part of a previously announced $5.6 billion deal.BP last year agreed to sell its Alaskan properties, including interests…

Atlantic Shores Offshore Wind Installs Wind LiDAR in New Jersey

Jun 30, 2020

A wind LiDAR (light detection and ranging) instrument has been installed alongside the causeway leading to Rutgers University Marine Field Station in Tuckerton, New Jersey.The fully autonomous sensor platform, owned and operated by Atlantic Shores Offshore Wind…

Gulf of Mexico: LLOG Sanctions Taggart Development

Jun 29, 2020

U.S. Gulf of Mexico operator LLOG has sanctioned the development of its Taggart discovery. The discovery will be developed via tieback to the Williams-owned Devils Tower Spar in Mississippi Canyon 773.The Taggart discovery is located on Mississippi Canyon Block 816 in approximately 5…

ION Geophysical, PGS in 2D Data Team-Up

Jun 29, 2020

Offshore seismic data companies ION Geophysical and PGS have agreed to collaborate globally on 2D exploration data.  'Both companies have modern, high-quality multi-client data libraries that together cover all the significant hydrocarbon provinces around the world…

Ocean Power Technologies Launches Hybrid PowerBuoy

Jun 26, 2020

Ocean Power Technologies, an ocean energy technology developer, has expanded its offering with the latest product called the hybrid PowerBuoy.The hybrid PowerBuoy is a buoy that offers remote power for subsea and topside applications, data communications…

Oxy Plans $9B Writedown on Bleak Oil Price Outlook

Jun 26, 2020

Occidental Petroleum Corp will write down the value of its oil and gas properties by up to $9 billion this quarter and restructure some debts to avoid a possible default, the company said on Thursday.The U.S. oil producer is trying to shed nearly…

U.S. Oil Firms Hit Brakes on Return-to-work as Virus Cases Soar

Jun 25, 2020

U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients.A record number of new illnesses in Texas…

Proserv, Dril-Quip in Subsea Control Systems Pact

Jun 25, 2020

Drilling and production equipment provider Dril-Quip and controls technology company Proserv have entered into an agreement under which Dril-Quip will rely upon Proserv for the development and manufacturing of its subsea control systems as a supplier…

KBR to Move Away from LNG, Energy Business

Jun 23, 2020

Engineering and construction firm KBR Inc will exit most of its liquefied natural gas (LNG) construction and other energy projects, it told investors and employees, as customers pull back on energy investments.The company will refocus on government contracts and technology businesses…

2nd Wind Marine Reveals Design for U.S. Offshore Wind Feeder Vessel

Jun 16, 2020

Louisiana-based company 2nd Wind Marine plans to design, finance, build and operate two Jones-Act-compliant jack-up vessels aimed at the growing U.S. offshore wind market. The company has this week revealed the SuperFeeder design for the vessel…

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