Offshore North America News

 

Award Against Eni Voided in Transocean Suit

Mar 29, 2019

A U.S. appeals court on Thursday supported a lower court's finding that Italian oil producer Eni SpA breached a contract with offshore drilling contractor Transocean Ltd, but voided a $160 million damages award.A three-judge panel found the…

US Offshore Drilling Takes Center Stage

Mar 28, 2019

U.S. lawmakers will quiz President Donald Trump’s new pick to lead the Interior Department on Thursday, focusing on the former energy and mining lobbyist’s plans to expand fossil fuels production from the United States' public lands and waters…

Seabed Geosolutions Wins GoM Survey

Mar 27, 2019

Marine seismic surveyor Seabed Geosolutions announced Wednesday it has been awarded a 3D ocean bottom node (OBN) survey in an ultra-deepwater area of the Gulf of Mexico by an unnamed major energy company.Covering 270 square kilometers and in water depths up to 2…

Researchers to Monitor Disruptive US Gulf Current

Mar 26, 2019

A major $2 million scientific study led by the University of Rhode Island (URI)’s Graduate School of Oceanography will monitor disruptive ocean currents in the US Gulf of Mexico, with a long term goal to improve forecasts for safer offshore operations in the region…

EOM Offshore Acquires Ocean Tech Services

Mar 26, 2019

Oceanographic technology and marine services provider EOM Offshore announced Tuesday it has acquired the assets and operations of the New Jersey-based marine services provider Ocean Tech Services.Ocean Tech Services has a decade of experience…

US Buyers Turn to Offshore Crude

Mar 25, 2019

U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are scooping up oil produced in the region.Those two companies produce…

Decommissioning Activity High

Mar 22, 2019

The offshore oil and gas industry has dedicated significant efforts to decommissioning platforms in the US Gulf of Mexico in the last five years.According to Bureau of Safety and Environmental Enforcement (BSEE) Director Scott Angelle, over the last five years…

US Lease Sale a Test for Drilling Demand

Mar 20, 2019

The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico on Wednesday, in a fresh test of demand from drillers that have lately been shying away from the region.The outcome of the lease sale…

Pemex Plans to Triple Drilling this Year

Mar 19, 2019

Mexico's national oil company Pemex plans to triple the number of wells it will drill this year, the company's chief executive said on Monday, in a bid to grow crude output and reverse more than a decade of declining production.The government…

Pemex CEO Questions Ratings Downgrade

Mar 18, 2019

The chief executive of Mexican state oil company Pemex on Monday questioned credit agency downgrades to the firm's debt, saying the same agencies had not acted when the company's investment and oil exploration activity diminished under past governments…

Rising US Oil Clout on Show in Houston

Mar 15, 2019

A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.Present: top U.S. diplomat Mike Pompeo. Absent: leading Saudi and Russian officials…

Magseis Fairfield Wins Gulf of Mexico Work

Mar 15, 2019

Oslo based offshore seismic services provider Magseis Fairfield said on Friday that it has received a contingent letter of award (LOA) for a three months data acquisition program for an unnamed client in the Gulf of Mexico.The survey is scheduled to begin in the third quarter of 2019…

OPT Inks Deal with US Operator

Mar 13, 2019

Ocean energy solutions developer Ocean Power Technologies (OPT) said it has signed a master service contract governing work with an unnamed offshore oil and gas operator within the U.S. and the U.S. outer continental shelf, including the provision of goods and services…

SeaBird Scores Contract Extension

Mar 12, 2019

SeaBird Exploration announced Tuesday that its contract for the Eagle Explorer with CGG has been extended by approximately 80 days for another survey in Northern Europe. The contract is now firm until August 15, 2019, with further options for CGG to extend with up to 60 days…

Trump Requests $200.5 Mln for BSEE, $193.4 for BOEM

Mar 11, 2019

U.S. President Donald Trump's proposed fiscal year (FY) 2020 budget submitted to Congress on Monday includes $200.5 million for the Bureau of Safety and Environmental Enforcement (BSEE) and $193.4 million for the Bureau of Ocean Energy Management (BOEM)…

Current News

North Sea Oil Production May Go Down

North Sea Oil Production May Go Down

DEME to Install Hornsea Two Turbines

DEME to Install Hornsea Two Turbines

Argentina Grants Offshore Exploration Permits

Argentina Grants Offshore Exploration Permits

Gazprom Finds New Yamal Offshore Fields

Gazprom Finds New Yamal Offshore Fields

New Offshore Wind Foundation Tested

New Offshore Wind Foundation Tested

14-year GoM Oil Spill Contained

14-year GoM Oil Spill Contained

Investors Push BP to Fight Climate Change

Investors Push BP to Fight Climate Change

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