U.S. oil and gas producer EOG Resources on Friday said it had no plans to alter its strategy around new natural gas drilling, despite a sharp decline in prices this year. Rival producers, including Chesapeake Energy, Southwestern Energy, and Comstock Resources…
The crane for the first ever U.S.-built wind turbine installation vessel (WTIV) is on its way to America.The 2,200mt Huisman leg encircling crane has been loaded onto BigLift Shipping's Happy Star for shipment to the Keppel AmFELS shipyard in Brownsville…
The U.S. Bureau of Ocean Energy Management (BOEM) said Friday that it would hold an oil and gas lease sale in the Gulf of Mexico in March 2023.The Gulf of Mexico Oil and Gas Lease Sale 259 will offer approximately 13,600 blocks on 73.3 million acres in the Western…
An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc is entitled to overtime pay, the U.S. Supreme Court ruled on Wednesday in a decision with costly implications for the oil and gas industry…
The U.S. administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico, as part of the government's plan to spur offshore wind deployment beyond the East Coast.The proposed sale is part of the leasing path announced…
U.S.-based marine services company TDI-Brooks announced it was awarded geophysical, geotechnical and benthic sampling survey campaigns to study seabed conditions within the project lease area and potential export cable corridors for offshore wind farms off the U…
Canada's Suncor Energy said on Tuesday that former Exxon Mobil executive Rich Kruger would take over as its chief executive officer, replacing interim boss Kris Smith. Kruger, a near 40-year veteran of Exxon Mobil Corp, served as CEO of Imperial Oil Ltd for six years before retiring in 2019…
Brent oil prices fell on Tuesday as fears that a global economic slowdown would reduce fuel demand prompted investors to take profits on the previous day's gains. Traders are awaiting the minutes of the latest Federal Reserve meeting, due on Wednesday…
Natural gas processing and transportation firm Williams Cos Inc said on Friday it executed deals with oil major Chevron Corp's unit to support natural gas development in the Haynesville basin as well as the deepwater Gulf of Mexico. Williams…
EEW Special Pipe Constructions (EEW SPC) said on Friday that it has set a new record for its heaviest monopile built. The German offshore wind monopile manufacturer broke its own record, which was only set in July 2022, when the company delivered a 1…
Oil major Shell has started production from its Vito offshore platform in the US Gulf of Mexico (GoM). 'With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company's first deep-water platform in the GoM to employ a simplified…
Bourbon and Horizon Maritime have created a new joint venture that will offer marine services and operations in the North Sea and Canadian offshore markets.Incorporated in Norway, the new company is called Bourbon Horizon, and, according to a press release issued Thursday…
Wind turbine maker Siemens Gamesa said Monday it planned to build a major offshore nacelle manufacturing facility in New York state. The construction of the plant depends on Siemens Gamesa's wind turbines being selected by the New York authorities in their third offshore wind solicitation…
Talos Energy Inc., a U.S.-based offshore oil and gas producer, has completed its previously announced acquisition of EnVen Energy Corporation ('EnVen'). Talos, which owns oilfields in both the U.S. side and the Mexican side of the Gulf of Mexico…
The U.S. Environmental Protection Agency (EPA) is moving too slowly to allow states to permit and oversee carbon-reduction projects, according to Louisiana's governor, slowing millions of dollars in investments designed to tackle greenhouse gas reduction…
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