Usa News

Halliburton Posts Fourth Straight Quarterly Loss

Oct 19, 2020

Halliburton Co posted its fourth-straight quarterly loss on Monday, as the world's second-largest oilfield services provider struggles with a plunge in demand and lower oil prices.Even though oil prices have recouped some of their losses from the historic lows of March and April…

U.S. to Offer 10-Year Terms for Offshore Blocks in Certain Water Depths

Oct 16, 2020

The U.S. offshore oil and gas regulator BOEM said Thursday it would offer longer terms for the Gulf of Mexico oil and gas exploration blocks in certain depths, in its region-wide offshore lease sale slated for November. The sale will include…

USA: Dominion Energy's 12MW Offshore Wind Farm Ready to Enter Service

Oct 14, 2020

Dominion Energy has said that its two-turbine, 12-megawatt Coastal Virginia Offshore Wind (CVOW) pilot project, offshore Virginia Beach, successfully completed reliability testing and is ready to enter commercial service and deliver electricity to Virginia customers…

ABS Grants AiP for Damen's Fast Crew Supplier for U.S. Offshore Wind

Oct 12, 2020

Maritime classification society ABS has granted its Approval in Principle for Damen Shipyard's Fast Crew Supplier 2710 crew transfer vessel aimed for deployment in the U.S. offshore wind industry.To achieve approval, Damen has modified the design of its standard FCS 2710 to meet the US requirements…

FEED Completed for Delfin FLNG Vessel

Oct 12, 2020

Delfin Midstream (“Delfin”) has informed that the FEED has been completed for the Newbuild FLNG Vessel for the Delfin LNG project offshore Louisiana, in cooperation with Samsung Heavy Industries and Black & Veatch.Delfin LNG project has been…

Oil Firms Restoring Output as Hurricane Exits Gulf of Mexico

Oct 12, 2020

U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S. Gulf Coast on Sunday, two days after Hurricane Delta barreled through the area.Chevron Corp, Royal Dutch Shell Plc and…

Equinor Should Have Dealt With Issues in U.S. Sooner - Chairman

Oct 09, 2020

A report on Norwegian energy firm Equinor's loss-making investment in the United States detailed significant problems the state-controlled company should have dealt with faster, its chair and chief executive said on Friday.In June, Norway's…

Hurricane Delta: Workers Pulled from 279 Offshore Platforms in GoM

Oct 09, 2020

Hurricane Delta raked across the Gulf of Mexico, halting most of the region's offshore oil output on Thursday after energy companies shut-in wells, pulled staff from offshore platforms and began securing coastal processing plants.The storm was about 370 miles (595 km) south of Cameron…

Ørsted Names Project Development Head in U.S.

Oct 08, 2020

Offshore wind farm developer Ørsted has appointed Patricia DiOrio as its new head of project development in the U.S.Ørsted said Thursday that DiOrio would be based in Boston, and lead the company’s North American Offshore Project Development team…

Oil Prices Rise as Hurricane Enters Gulf of Mexico

Oct 08, 2020

Oil prices rose on Thursday as oil workers evacuated rigs in the U.S. Gulf of Mexico ahead of Hurricane Delta, though fuel demand concerns persisted on fading chances for a U.S. economic stimulus deal and after a build in U.S. crude inventories…

Chevron’s Market Value Surpasses Exxon's for the First Time

Oct 08, 2020

Chevron’s market value leapfrogged that of Exxon Mobil for the first time on Wednesday during a week in which it closed a $4.1 billion, all-stock deal for Noble Energy, a smaller oil and gas producer.Chevron’s market cap ended the day around $142 billion…

Gulf of Mexico: Storm-weary Offshore Oil Firms Prep for Massive Hurricane

Oct 07, 2020

Oil and gas workers withdrew en masse from offshore production facilities as Hurricane Delta grew into a powerful storm over the Caribbean on its way to the Gulf of Mexico.Delta's winds reached 145 miles per hour (235 kph) as the storm sped…

Logan to Build Offshore Safety Cages for BOP Inspections

Oct 05, 2020

Hempstead, Texas-based oil and gas equipment maker Logan Industries has been awarded a contract to manufacture a set of safety cages to keep offshore technicians safe while inspecting subsea connectors on blowout preventers (BOPs) while on deck…

Vineyard Wind Names Deputy CEO

Oct 05, 2020

Vineyard Wind, a company with plans to construct offshore wind farms in the U.S., has appointed Sy Oytan as Deputy Chief Executive Officer.Vineyard Wind is, a 50/50 joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners…

Caterpillar to Buy Weir's Oil and Gas Business for $405M

Oct 05, 2020

Weir Group Plc said on Monday it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc for $405 million in cash, as the engineering company focuses on its mining business.Shares of Weir surged 22.5% to 1,568p…

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