U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.The deal…
Atlantic Shores Offshore Wind, a 50/50 partnership between Shell New Energies US LLC and EDF Renewables North America, announced the launch of ocean survey operations today within the Atlantic Shores lease area, in order to inform future turbine development…
The US Department of the Interior's Bureau of Ocean Energy Management (BOEM) plans to offer about 78 million acres in a region-wide Gulf of Mexico lease sale scheduled for March 2020.Lease Sale 254, which would include all unleased areas in…
Norway's Martin Linge offshore oil and gas project will cost $865 million more than previously expected and take an extra half year to come on line, the government and operator Equinor announced on Monday.The government has also raised its estimate…
Search teams continue to scour the Atlantic Ocean for traces of seven mariners still missing offshore tug supply vessel Bourbon Rhode, which sank near a category 4 hurricane in September, the vessels' owner said.'To date, the search operations…
Bourbon confirmed on Wednesday that the body of a fourth crew member has been recovered following the sinking of its vessel Bourbon Rhode last week. Only three of the 14 Bourbon Rhode crew members have been rescued as the search continues for seven mariners still missing…
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said in its fleet update for the third quarter 2019 showed a fleet utilization of 73 percent, compared with 29% for the third quarter in 2018. The marine EM market…
Neptune Energy and its joint venture partners BP and JAPEX today announced Valaris has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.Valaris will provide the…
Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia.The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…
Bourbon said a mission has been launched to rescue 14 crew from one of its vessels taking on water in heavy seas near a category 4 hurricane in the Atlantic Ocean.The French offshore vessels owner said water is entering the stern of the 49.5-meter tug supply vessel Bourbon Rhode…
The bodies of two more crew members from sunken offshore tug supply vessel Bourbon Rhode have been recovered by search teams in the Atlantic Ocean, the vessel's owner Bourbon announced on Tuesday. Three crew members are confirmed deceased, three…
A group of offshore wind industry members that includes Equinor, Magellan Wind and Principle Power have launched an offshore wind group in California.The Offshore Wind California (OWC) said it is committed to providing industry expertise, innovative solutions…
French offshore vessels owner Bourbon confirmed that its tug supply vessel Bourbon Rhode sank in middle of the Atlantic Ocean while navigating heavy seas near a category 4 hurricane on Thursday. Three crew members have been rescued, the body of one deceased has been recovered…
Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.Texas-headquartered player in floating LNG regasification solutions…
Tullow Oil announced it has made a second oil discovery on the Orinduik block, opening a new Upper Tertiary oil play in the Guyana offshore basin.The Joe-1 exploration well was drilled by the Stena Forth drillship to a total depth of 2,175 meters in 780 meters water depth…
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