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Offshore North America News - page 113

 

Ex-Marathon Oil Exec Joins Helix Energy Solutions

Jul 26, 2021

Houston-based offshore well intervention firm Helix Energy Solutions has appointed T. Mitch Little as a new member of the board of directors.Little, 58, served as Executive Vice President – Operations for Marathon Oil Corporation from August 2016 until his retirement in December 2020…

Transocean Sees Multiple Offshore Rig Deals Awarded, One Terminated in Q2

Jul 22, 2021

Offshore drilling contractor Transocean on Wednesday released its quarterly offshore drilling rig fleet status report, which shows one contract terminated in Norway, and several new deals secured Norway, U.S. Gulf, Brazil, Angola, Brunei, and…

Baker Hughes Earnings Hit by Restructuring Charges

Jul 21, 2021

Shares of energy services firm Baker Hughes slipped on Wednesday after reporting second-quarter results that fell short of Wall Street estimates as it shifts its business to technology and services that help customers transition to a lower-carbon world…

Halliburton Says Oil Industry in Early stages of a Multi-year Up-cycle

Jul 20, 2021

Oilfield company Halliburton Co on Tuesday said the industry was in the early stages of a multi-year up-cycle, as activity has rebounded from pandemic lows and pricing for some of its services has inched higher.The Houston, Texas-based company reported a 33…

Apollo to Invest in New York Offshore Wind Port Project

Jul 20, 2021

Apollo Global Management has recently informed that certain funds managed by its affiliates have signed an exclusive agreement to invest in the Arthur Kill Terminal project, dubbed a major offshore wind energy staging and assembly port under development in Staten Island…

Solar Firm Sues U.S. Interior Department Over Offshore Wind Project Approval

Jul 20, 2021

A solar energy company has sued the Department of the Interior over its approval of the nation's first major offshore wind farm, alleging that the project off the coast of Massachusetts threatens the area's fishing industry and imperiled marine life…

California is Planning Floating Wind Farms to Boost its Power Supply – Here’s How They Work

Jul 20, 2021

Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy. But it has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible…

Biden's Clean Energy Plan Critical to Revive Industry That Shed 840,000 Jobs in 2020

Jul 20, 2021

The U.S. energy sector lost 10% of its workforce last year due to the effects of the coronavirus pandemic, according to a report unveiled on Monday by U.S. government officials, who said President Joe Biden's clean energy plan was critical to reviving the industry…

Swiger to Retire from ExxonMobil after 43 Years. Mikells to Become SVP, CFO

Jul 19, 2021

Andrew Swiger, senior vice president of Exxon Mobil Corporation, has announced his intention to retire effective September 1, after more than 43 years of service. The board of directors has elected Kathryn Mikells, a former executive with Diageo…

Biden, Merkel Fail to Settle Nord Stream 2 Pipeline Dispute

Jul 16, 2021

President Joe Biden and German Chancellor Angela Merkel failed on Thursday to settle their dispute over Russia's Nord Stream 2 natural gas pipeline but said they agreed that Moscow must not be allowed to use energy as a weapon to coerce its neighbors…

Petronas Gearing Up to Spud Exploration Well Offshore Mexico

Jul 14, 2021

Malaysian oil and gas firm Petronas is preparing to start drilling an offshore well in Mexico.According to an exploration report by its Indonesian partner Medco Energi, Petronas is gearing up to drill the Bacalar-1EXP exploration well.Medco…

VIDEO: U.S. Offshore Wind Opportunities Abound for Both Local and Foreign Firms

Jul 09, 2021

The U.S. government has recently announced plans to promote offshore wind, with a goal to have 30 gigawatts (GW) of offshore wind capacity installed by 2030, and a whopping 110GW of offshore wind by 2050.  It has also committed to supporting…

Blue Water Shipping Hires O’Keeffe in US Offshore Wind Push

Jul 08, 2021

Blue Water Shipping announced it has hired John O’Keeffe as its new Head of Renewables, Americas, as the Denmark-based transport and logistics company looks to make further inroads into the burgeoning U.S. offshore wind market.O’Keeffe, a former maritime captain with vast experience in the U…

PGS, TGS Kick Off 3D Survey Offshore Canada

Jul 06, 2021

Norwegian offshore seismic data firms TGS and PGS have partnered up and started the second phase of a multi-client survey offshore East Canada.The project, called Lewis Hills 3D multi-client phase 2, includes the acquisition of 947 square kilometers of additional 3D data…

Mexico Picks Pemex to Run Giant Zama Discovery. Talos Says Will Explore All Legal Options

Jul 06, 2021

Mexico chose state-owned Pemex to run a major shared oil find over the private consortium led by a U.S. oil company that first discovered it, in the latest win for President Andres Manuel Lopez Obrador's nationalistic energy policies.The disputed deposit…

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