North America News

 

Over Two-thirds of Offshore Oil Output Remains Shut in U.S. Gulf of Mexico

Sep 13, 2021

U.S. offshore oil companies restored almost 200,000 barrels of production on Friday, while most of the Gulf Coast crude output remained offline following Hurricane Ida, government data showed.The storm hit the U.S. Gulf of Mexico almost two weeks ago, damaging infrastructure and removing more than 21 million barrels of production from the market.Over two-thirds of the U.S. Gulf of Mexico's oil production…

Gulf Coast Oil Firms Return to Ida Recovery as Storm Nicholas Recedes

Sep 15, 2021

Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago.Nicholas, downgraded to a tropical depression late Tuesday…

Helix Nets Multi-year Well Intervention Deal in U.S. Gulf of Mexico

Sep 14, 2021

Offshore oil and gas well services company Helix Energy Solutions said Monday it had won a multi-year riser-based well intervention scope of work with an unnamed major operator for the charter of the Helix Q5000 and 15K Intervention Riser System in the US Gulf of Mexico…

ExxonMobil Floats $100 Billion Carbon Storage Project

Apr 19, 2021

ExxonMobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S. petrochemical plants and bury them in reservoirs under the Gulf of Mexico.The plan would…

Two Offshore Workers Charged over U.S. Gulf of Mexico Oil Spills

Jan 20, 2021

Two Fieldwood Energy LLC oil workers face federal criminal charges for allegedly separately allowing crude oil spills from offshore U.S. Gulf of Mexico platforms to avoid required shutdowns.The two were indicted Tuesday for spills in 2015 and 2018…

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…

Rystad: Covid-19 Brings Peak Oil Date Closer

Jun 18, 2020

The Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result, reducing the world’s recoverable oil by around 282 billion barrels, Rystad Energy said in its annual global energy outlook released this week…

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