Offshore North America News - page 137

 

Geoquip Marine Supports US Offshore Wind Project

Jul 27, 2020

Switzerland-based offshore geotechnical engineering and drilling company Geoquip Marine said it has secured a contract to work on the development of the Coastal Virginia Offshore Wind (CVOW) commercial project being developed by Dominion Energy off the coast of Virginia Beach…

US Wind Farm Support Vessel Gets Bow Extension

Jul 27, 2020

A bow extension will allow Cape Henry Launch Services' workboat Delta Escape to push up against offshore wind turbines to support the Coastal Virginia Offshore Wind (CVOW) pilot program off Virginia Beach.Naval architecture and marine engineering firm DLBA…

Storm Hanna Is Not Affecting Gulf of Mexico Output, Oil Producers Say

Jul 24, 2020

Energy companies said on Friday there have been no evacuations of workers or shutdowns of production from their offshore platforms in the U.S.-regulated northern Gulf of Mexico because of Tropical Storm Hanna.Hanna reached tropical storm strength…

US Oil Rig Count Rises for First Week Since March

Jul 24, 2020

U.S. energy firms cut the number of oil and natural gas rigs operating to a record low for a 12th week in a row, although they added one oil rig in the first weekly increase since March as a recovery in crude prices tempt some producers back to the well pad…

Global Oil & Gas FIDs Set for Massive Drop in 2020

Jul 24, 2020

Global oil and gas project sanctioning is set for a monstrous 75% plus drop in 2020 from 2019 levels, as the Covid-19 pandemic has led to massive E&P spending cuts, the energy intelligence company Rystad Energy has estimated.According to Rystad Energy…

Suncor Moves Terra Nova FPSO to Conception Bay

Jul 23, 2020

Canadian oil operator Suncor has moved its Terra Nova FPSO and docked it shoreside in Newfoundland after its planned drydock in Spain was canceled due to the COVID-19 outbreak.Suncor and its partners in the Terra Nova field in the Atlantic Ocean off Canada…

TDI-Brooks' New Vessel Completes Its First Projects

Jul 22, 2020

TDI-Brooks’ newest vessel R/V Miss Emma McCall has recently completed its first projects for the U.S.-based marine data acquisition services company on behalf of Total and Cairn Energy offshore Mexico. TDI-Brooks has the vessel on a long-term bare-boat charter from Cameron Offshore Boats…

New York Launches Up To 2,500MW Offshore Wind Solicitation

Jul 22, 2020

New York Governor Andrew M. Cuomo on Tuesday announced offshore wind solicitation aimed at developing up to 2,500 Megawatts of renewable energy and complementary multi-port infrastructure investment.The solicitation includes a multi-port strategy…

Baker Hughes Posts Q2 Loss as Oil Slump Hits Demand

Jul 22, 2020

Baker Hughes Co posted its second consecutive quarterly loss on Wednesday and said it would continue to rein in costs in preparation for a longer period of volatility in oil prices.Oil producers halted the drilling of new wells and drastically…

Hibernia Platform Output Still Shut after Leak

Jul 22, 2020

Production from the giant Hibernia oil platform in the Atlantic Ocean offshore Canada remained shut on Tuesday after an accidental spill of produced water into the ocean.Produced water is a mixture of seawater from the reservoir, seawater used in injection…

Chevron to Buy Noble Energy for $5 Billion

Jul 20, 2020

U.S. oil major Chevron has agreed to buy Noble Energy, in an all-stock transaction valued at $5 billion, or $10.38 per share. Based on Chevron’s closing price on July 17, 2020 and under the terms of the agreement, Noble Energy shareholders will receive 0…

Shipments Resume from Pemex FPSO After Collision

Jul 19, 2020

An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted exports earlier this month, according to a person with knowledge of the matter and data from Refinitiv Eikon…

USA: Orsted-bound Windserve Odyssey CTV Hits the Water

Jul 17, 2020

WindServe Marine's offshore wind crew transfer vessel Windserve Odyssey, built by its sister company Senesco Marine, is embarking upon sea trials on the U.S. East Coast.The news of the vessel launch was shared Thursday by the world's largest offshore wind developer Orsted…

Oil Prices Edge Down after OPEC+ Agrees to Taper Oil Supply Cuts

Jul 16, 2020

Oil prices eased on Thursday after OPEC and allies such as Russia agreed to taper record supply curbs from August, though the drop was cushioned by hopes for a swift U.S. demand pick-up after a big drawdown from the country's crude stocks.Brent crude fell 33 cents…

Delfin LNG Gets Another Year to Build Floating LNG Project Off Louisiana

Jul 16, 2020

U.S. energy regulators on Wednesday granted Delfin LNG a second one-year extension until September 2021 to build its proposed floating liquefied natural gas export facility off the coast of Louisiana.Delfin is one of several North American LNG…

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