Offshore North America News - page 3

 

Sparrows Scores 5-Year Crane Services Contract in U.S.

Mar 10, 2021

UK-based energy sector engineering and maintenance services company Sparrows, has said it has secured a new five-year contract with a major oil and gas operator to deliver crane services for seven of its onshore and offshore assets in the U…

Biden to Review Future of Federal Oil Leasing Program

Mar 09, 2021

The U.S. Interior Department announced Tuesday it will launch its review of the federal oil and gas leasing program on March 25, a key step that will determine whether the Biden administration will permanently halt new leases on federal land and water…

Chevron Doubles Noble Deal Synergies Target, Reaffirms Lower Spending Plans

Mar 09, 2021

Chevron Corp on Tuesday reaffirmed its lower spending plans, doubled the targeted savings from its Noble Energy deal, and unveiled new carbon intensity reduction goals, hoping to woo investors seeking higher returns and lower environmental impact…

Strong Offshore Wind Lifts U.S. Maritime, Port, and Logistics Companies

Mar 08, 2021

After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein…

USA: Senator Cruz Puts Hold On Biden's CIA Pick over Nord Stream 2 Pipeline

Mar 08, 2021

Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the Central Intelligence Agency to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.The Senate Intelligence Committee last week backed William Burns…

ABS: U.S. Offshore Wind Vessel Demand Set to Soar

Mar 02, 2021

It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth…

Baker Hughes, Akastor in Offshore Drilling Equipment JV

Mar 02, 2021

Oilfield services giant Baker Hughes and Norway's Akastor on Monday said they would create a joint venture that will bring together Baker Hughes’ Subsea Drilling Systems (SDS) business with Akastor’s subsidiary, MHWirth AS (MHWirth).MHWirth provides advanced drilling solutions and services…

ExxonMobil's Total Oil and Gas Reserves Drop by a Third

Feb 25, 2021

ExxonMobil's global oil and gas reserves tumbled by a third last year as the COVID-19 pandemic slammed global oil prices and demand, the company said on Wednesday.The largest U.S. oil producer is reeling from the sharp decline in oil demand…

First Ever Jones Act Offshore Wind Turbine Installation Vessel to be Classed by ABS

Feb 24, 2021

Maritime and offshore classification society American Bureau of Shipping (ABS) will class the first ever Jones Act compliant offshore wind turbine installation vessel (WTIV), seen as a key vessel for the development of the U.S. offshore wind industry…

Oxy CEO: Low-carbon Business Earnings Could Match Oil

Feb 24, 2021

Occidental Petroleum Corp expects its low-carbon business to generate earnings equal to its oil and gas production business in the coming decades, Chief Executive Vicki Hollub told analysts on Tuesday.Occidental has been an early mover among U…

Portugal's EDP Launches Green Hydrogen Unit

Feb 22, 2021

Portugal's main utility EDP announced on Friday it was setting up a new business unit to develop green hydrogen projects, primarily in Europe and the United States.So-called green hydrogen, produced using renewable electricity, is seen as a…

Offshore Wind Firm Atlantic Shores Signs Deal with Six Unions to Train and Hire New Jersey Workers

Feb 18, 2021

Offshore wind developer Atlantic Shores Offshore Wind -  a U.S. joint venture between Shell and EDF, has signed a memorandum of understanding (MOU) with six unions operating in New Jersey as part of its bid submission, 'committing to help develop and employ a productive…

U.S. Lawmakers ask Blinken for Briefing on Nord Stream 2 Pipeline

Feb 18, 2021

Several U.S. Representatives on Wednesday raised pressure on the State Department to share plans on potential sanctions on the Nord Stream 2 natural gas pipeline Russia is racing to finish to take fuel to Europe.'If completed, Nord Stream 2…

BOEM Issues Lease for Wave Energy Research Project off Oregon

Feb 17, 2021

A pioneering project to build the U.S.’s first pre-permitted wave energy testing facility cleared a critical hurdle this week with a lease award from the Bureau of Ocean Energy Management (BOEM) to operate in federal waters about seven miles off the Oregon Coast…

Aker Solutions' FEED for Empire Wind Concrete Foundations

Feb 17, 2021

Norway-based offshore engineering and construction company Aker Solutions has signed a front-end engineering and design (FEED) contract to study the design and delivery of concrete foundations for the wind turbine generators (WTG) for the planned Empire Wind project in New York…

Current News

Baker Hughes CEO 'Cautiously Optimistic' About Oil Demand Recovery

Baker Hughes CEO 'Cautiously Optimistic' About Oil Demand Recovery

Halliburton Expects International Activity Growth to Accelerate

Halliburton Expects International Activity Growth to Accelerate

Ampelmann, C-Job Develop Motion-compensated Feeder Vessel for U.S. Offshore Wind Sector

Ampelmann, C-Job Develop Motion-compensated Feeder Vessel for U.S. Offshore Wind Sector

ARL gets Grant to Develop Seismic Sensor for Flying Node AUV

ARL gets Grant to Develop Seismic Sensor for Flying Node AUV

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