Usa News


VIDEO: Power On at Two Coastal Virginia Offshore Wind Turbines

Sep 30, 2020

Dominion Energy and Orsted have brought online two offshore wind turbines, which are part of the 12-megawatt Coastal Virginia Offshore Wind (CVOW) pilot project, offshore Virginia Beach, USA. 'We're excited that the two CVOW wind turbines are…

Oil Prices Drop as Demand Worries Counter U.S. Stimulus Hopes

Sep 29, 2020

Oil prices dropped on Tuesday, paring gains from the previous session, as persistent demand concerns due to the coronavirus pandemic outweighed hopes generated by a new U.S. stimulus package that lawmakers are struggling to agree.More than 1…

Edison Chouest's C-Innovation Acquires Caltex Oil Tools

Sep 28, 2020

Edison Chouest Offshore's marine services affiliate C-Innovation has acquired the controlling interest in Caltex Oil Tools, a provider of equipment rentals, services, and customized engineering capabilities to the offshore industry.C-Innovation said that the Houston-based Caltex…

Trump Extends Offshore Drilling Ban in North Carolina, Virginia

Sep 27, 2020

U.S. President Donald Trump said on Friday he had extended a ban until 2032 on oil drilling off the coast of North Carolina and Virginia, weeks after a similar extension affecting offshore drilling in the waters off Florida, Georgia, and South Carolina…

Oil Major Chevron Tells Employees to Delete WeChat from Phones

Sep 23, 2020

U.S. oil giant Chevron Corp has asked employees globally to delete Tencent Holdings Ltd's WeChat from their work phones, following the Trump administration's executive order to ban the social media app, Bloomberg News reported https://bloom…

U.S. BOEM, BSEE Looking at Ways to Boost Gulf of Mexico Oil and Gas Output

Sep 23, 2020

The U.S. government agencies responsible for offshore oil and gas regulations are looking at ways to update policies to promote the growth of oil and gas production in the Gulf of Mexico.Specifically, the Bureau of Ocean Energy Management (BOEM)…

Hornbeck Offshore Services Emerges from Bankruptcy

Sep 11, 2020

U.S.-based offshore support vessel provider Hornbeck Offshore Services said Friday it had completed its reorganization and emerged from Chapter 11 Bankruptcy.The company had in April struck a comprehensive balance sheet restructuring support agreement with its lenders…

Report: Activist Investor Seeking to Break Up Noble Energy's Sale to Chevron

Sep 10, 2020

Activist investor Elliott Management is seeking to break up Noble Energy Inc's $5 billion sale to oil major Chevron Corp, a Bloomberg reporter tweeted on Wednesday.A notice posted on the U.S. Federal Trade Commission website on Tuesday showed the hedge fund had built a stake in Noble Energy…

BP Buys into Equinor's U.S. Offshore Wind Business for $1.1B

Sep 10, 2020

Norwegian company Equinor and the British oil giant BP have entered into a strategic partnership to develop offshore wind projects in the US. Under the agreement, BP will buy a 50% stake in Equinor's Empire Wind and Beacon Wind assets on the…

Lime Rock CEO Joins ConocoPhillips' Board

Sep 09, 2020

U.S. oil and gas company ConocoPhillips has appointed Eric Mullins to serve as a board member.Mullins has spent his career in finance, most recently founding Lime Rock Resources in 2005, a private equity fund focused on acquiring and developing low-risk oil and gas properties…

Former U.S. Ambassador to Russia Rejoins Chevron Board

Sep 08, 2020

Jon Huntsman Jr., the former U.S. Ambassador to Russia and the former Governor of Utah, has been re-elected to Chevron's board of directors.Huntsman, 60, was a member of the U.S. oil company's board from 2014 to 2017, serving on the Audit Committee…

Noble Energy Shareholders to Vote on Chevron Takeover Deal in October

Aug 25, 2020

Oil and gas company Noble Energy has set a date for a shareholder vote on the company's proposed takeover by Chevron.As previously reported, Chevron in July announced a deal to acquire Noble Energy in an all-stock deal valued at around $5 billion…

Louisiana Offshore Oil Port Shut Due to Double Storm Threat

Aug 24, 2020

The Louisiana Offshore Oil Port (LOOP), the largest privately-owned crude terminal in the United States, on Sunday shut its Marine Terminal operations due to the threat of Tropical Storms Marco and Laura in the Gulf of Mexico.Clovelly Hub deliveries remain normal…

Storms Shut More than Half of Oil Production in U.S. Gulf of Mexico

Aug 24, 2020

Crude oil prices remained steady on Monday as storms closed in on the Gulf of Mexico, shutting more than half the region's oil production, although prices were capped by ongoing concerns about fuel demand being sapped by coronavirus lockdowns…

OWC's Engineering Support for U.S. Offshore Wind Developer

Aug 19, 2020

Offshore wind consultancy firm OWC, part of AqualisBraemar, will be providing engineering support for Mayflower Wind's offshore wind farm development in the U.S.In December 2018, Mayflower Wind,  the 50/50 joint venture between Shell and EDP Renewables…

Current News

OMV to Sell Stake in Arctic Offshore Oil Field Wisting to Lundin Energy

Chariot Moves Step Forward to Anchois FID in 2022

TGS, CGG, PGS Launch Shared Offshore Seismic Data Base 'Versal'

Lamprell Takes $45M Loan for IMI Jack-up Rig Construction

Subscribe for OE Digital E‑News