Canadian oil firm Hibernia Management and Development Company Ltd. (HMDC) will pay $400,000 for a 2019 offshore oil spill, the Canada-Newfoundland and Labrador Offshore Petroleum Board said Tuesday.According to C-NLOPB, HMDC has pled guilty…
An incident happened last week that saw a 1.8-kilogram piece of timber fall 15 meters to the deck of an offshore support vessel during lifting operations at HMDC's Hibernia Platform, offshore Canada, in the Atlantic Ocean.Hibernia Management and Development Company Ltd…
BP and its partner Equinor are renegotiating the terms of power supply agreements linked to their giant wind developments off the U.S. East Coast, BP CEO Bernard Looney said on Tuesday.'We are in the midst of renegotiating our PPA (power purchase…
Dutch marine services firm Boskalis said Monday it had completed the installation of the first U.S.-made offshore substation, built for the South Fork Wind offshore wind project.Kiewit built the 1,500-ton, 60-foot-tall substation at its Ingleside facility near Corpus Christi…
The U.S. Bureau of Ocean Energy Management (BOEM) on Monday announced three final Wind Energy Areas (WEAs) offshore Delaware, Maryland, and Virginia.These areas, BOEM said, were developed following extensive engagement and feedback from states…
Great Lakes Dredge & Dock Corporation has signed the first ever subcontract for rock procurement for a U.S. offshore wind farm with Carver Sand & Gravel LLC (“Carver”), a U.S. quarry in the state of New York.Through this subcontract, Great Lakes…
Lawmakers in Maine on Wednesday passed legislation that would set a 3-gigawatt target for offshore wind deployment off the state's scenic coastline by 2040, a level that could satisfy half of its 1.3 million residents' power needs.The bill…
The chief executive officer of Mexican state energy oil Pemex on Wednesday sought to downplay an oil spill in the Gulf of Mexico this month, saying it was quickly fixed and less serious than academics had calculated.Pemex has been under intense…
Oilfield service firm SLB and the Italian oil firm Eni, through its subsidiary Enivibes, have announced an alliance to deploy Eni Vibroacoustic Pipeline Monitoring System (e-vpms) technology, a vibroacoustic wave detection system capable of providing real-time analysis…
Offshore installation firm DEME Offshore said Tuesday it had installed the approximately 3,000 ton offshore substation for the Vineyard Wind 1 project - the first commercial-scale offshore wind farm in the United States.'The installation of the offshore substation…
U.S.-based oil company Hess said Wednesday it had made an oil discovery at the Pickerel-1 exploration well in the U.S. Gulf of Mexico.The well is located in Mississippi Canyon Block 727, where Hess holds a 100% stake.The well encountered approximately 90 feet of net pay in high quality…
US-based oilfield services provider Danos has recently won a contract to perform work across BP’s five assets in the Gulf of Mexico.The three-year agreement includes planning and estimating, fabrication, installation, and maintenance and repair…
U.S. oil major Chevron Corp announced sweeping management changes on Sunday, including the retirement next year of its finance chief and extension of the mandatory retirement age for Chief Executive Officer Michael Wirth.Chief Financial Officer Pierre Breber…
Chevron Corp's second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also signaled the number two U.S. oil company remains open to more acquisitions and to increasing shareholder distributions this year…
SLB beat analysts' estimates for quarterly profit on Friday as a rebound in offshore and international drilling activity boosted demand for its oilfield services and equipment, even as activity in North America declined. Drilling activity in regions such as the Middle East and Asia…
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