Well intervention focused firm Helix Energy Solutions Group says it is expecting to see an improvement in activity in the second half of the year, after posting a US$10.7 million Q2 loss ($2.6 million loss in Q2 2015). The firm said its well intervention revenues increased 30% in Q2 of 2016…
Mexico’s Ministry of Energy (SENER) has approved auction terms for the first phase of Round 2, which will auction 15 shallow water areas in the Gulf of Mexico. The round is set to open in late March 2017. Image from CNH…
Offshore drilling services provider Ensco has revealed several global contracts in its latest fleet status report, along with its decision to sell several of its rigs for scrap value. Image from Ensco…
The 12th Annual Deepwater Intervention Forum (DIF), presented by OE, kicks off in Galveston, Texas, this 9-11 August, which will feature industry-leading experts from the subsea intervention space. DIF exhibit hall in 2015…
Drilling operations have been suspended at Husky Energy’s North Amethyst field offshore Canada, after a leak occurred today (15 July), according to the Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB). The Henry Goodrich…
Houston-based AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth. The resulting combination of companies will offer technologies covering both onshore and offshore applications, including deepwater managed pressure drilling (MPD)…
The Bureau of Ocean Energy Management (BOEM) has notified companies holding oil and gas leases in federal waters that it is updating financial assurance and risk management requirements to ensure that US taxpayers never have to pay for decommissioning…
Keppel Offshore & Marine US subsidiary Keppel AmFELS delivered the Uxpanapa jackup to Mexico's Central Panuco, a subsidiary of Perforadora Central. The rig was christened at Keppel AmFELS' yard in Brownsville, Texas. Uxpanapa is the fifth…
The US House Committee on Natural Resources has unanimously approved the passing of H.R. 5577, the Innovation in Offshore Leasing Act, which modernizes the Bureau of Ocean Management’s (BOEM) offshore leasing process through the use of internet-based oil and natural gas lease sales…
Canada’s Shawcor received a conditional contract worth approximately US$231 million (C$ 300 million) from Infraestructura Marina del Golfo (IMG), to provide pipeline coating solutions to the Comisión Federal de Electricidad (CFE) Sur de Texas – Tuxpan gas pipeline project…
Subsea intervention, construction and engineering firm Canyon Offshore has opted for a Mermac electric winch solution to handle ROV systems on board the latest two additions to its Grand Canyon family of offshore support vessels. MacArtney has supplied a total of four winch systems…
The Houston BG Group office will close by the end of the year, and layoff a total of 154 jobs, with the majority set to be cut late next month. According to a letter to the Texas Workforce Commission, 118 employees will be laid off on 31 August…
Hercules Offshore has sold a jackup drilling unit in a US$3.16 million deal with an undisclosed buyer. The Hercules 267, image from Hercules Offshore. The deal, through the company’s subsidiary Hercules International Drilling…
Searcher Seismic has commenced the acquisition of the Buscador Near-Shore 2D seismic survey, offshore Mexico, using the BGP Pioneer vessel. Map of the Buscador Near-Shore 2D Seismic Survey, from Searcher Seismic…
Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has signed a contract with offshore wind developer Deepwater Wind to provide marine warranty services for the Block Island Wind Farm…