Offshore North America News - page 151

 

Exploration in 2020: The Transition is Yet to Start

Jan 10, 2020

The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many exploration and production (E&P) boardrooms in 2019, but the impact on exploration drilling is not yet apparent. The global high impact well[1] count in 2019 was 91 wells…

Deep Down to Repair Umbilicals for Two Oil Operators

Jan 10, 2020

Subsea equipment specialist Deep Down has received orders from two independent oil and gas operators for emergency umbilical repairs in the U.S. Gulf of Mexico and West Africa. The company said Friday that both projects included design, engineering…

Apache Corp To Close San Antonio Office, Cut 272 Jobs

Jan 10, 2020

U.S. oil and gas producer Apache Corp will close its San Antonio, Texas office overseeing its struggling Alpine High project in the Permian basin and 272 jobs will be affected.The closure follows the October resignation of Steven Keenan, the…

No New Oil Auctions, Mexico's President Says

Jan 09, 2020

Mexico's President Andres Manuel Lopez Obrador said on Wednesday his government was not contemplating reopening oil and gas auctions this year, ending hopes his left-leaning government will soon spur private investment in the energy sector.'It's not contemplated…

Transocean Nabs New Deals and Extensions for 8 Rigs

Jan 08, 2020

Offshore drilling giant Transocean has managed to secure new contracts and extensions for eight offshore drilling rigs since its last rig fleet status report issued in October 2019.'Since its last Fleet Status Report issued in October 2019, the company has secured an additional $352…

Three Injured in Pemex Platform Fire

Jan 08, 2020

Three people were injured in a fire on a platform run by Mexican state oil firm Petroleos Mexicanos (Pemex) on Tuesday, the company said, briefly leading to the evacuation of the rig.The fire broke out on the Akal-C6 platform in the Sound of Campeche in the southern Gulf of Mexico…

Talos Confirms Zama Resources

Jan 07, 2020

Talos Energy, upon completion of third-party contingent resource evaluation of the company's Zama discovery offshore Mexico, said best estimates are near the high end of its previously guided range, and noted it aims to achieve a final investment…

Mexico and Pemex Face Downgrade Risk

Jan 03, 2020

Mexico threw troubled state oil company Pemex a lifeline in 2019 to stop $80 billion in bonds held by investors worldwide being labeled junk by credit rating agencies. Now, investors worry that the state itself is a risk for Pemex.Mexico's creditworthiness came under increasing scrutiny in 2019…

Worker Injured on Terra Nova FPSO

Dec 31, 2019

A worker was injured on the Terra Nova floating production, storage and offloading unit (FPSO) offshore Canada's East Coast, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said on Monday.On Sunday night, operator Suncor…

Offshore Wind: The Future is Now

Dec 30, 2019

Matthew Tremblay, ABS SVP, Global Offshore Markets, discusses the course ahead for the burgeoning US offshore wind market.

Hornbeck Offshore Delisted from NYSE

Dec 27, 2019

Hornbeck Offshore Services announced its common stock has been delisted from the New York Stock Exchange (NYSE) on December 20, 2019, and that the company began trading on the OTC Pink marketplace effective December 23, 2019.The NYSE announced…

Aqueos Wraps Up Subsea Inspections Offshore California

Dec 27, 2019

Subsea services firm Aqueos Corporation announced Friday it recently completed a diving and remotely operated underwater vehicle (ROV) campaign on the US West Coast.The work scope included level III and IV subsea surveys of three large conventional…

Magseis Fairfield Wins GoM Contracts

Dec 27, 2019

Norwegian based Magseis Fairfield announced Friday it has been awarded two consecutive deepwater ocean bottom node (OBN) projects in the Gulf of Mexico by an undisclosed repeat customer.The surveys will be carried out in the Mississippi Canyon…

DSV Completes US Northeast Campaign

Dec 27, 2019

Aqueos Corporation said it has wrapped up saturation diving and remotely operated underwater vehicle (ROV) campaigns for multiple clients in the US Northeast.The saturation diving vessel DP2 DSV Kelly Ann Candies was used to conduct inspection…

Regulator Orders Terra Nova FPSO Shutdown

Dec 20, 2019

The oil regulator for the Atlantic Canadian province of Newfoundland and Labrador has ordered a production shutdown by Suncor Energy's offshore Terra Nova site, finding the company was not compliant with required inspections and repairs.Terra Nova…

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