Offshore North America News - page 4

 

SLB Acquires Oilfield Tech Firm ChampionX

Apr 02, 2024

SLB has agreed the purchase of ChampionX in an all-stock transaction, strengthening its position in oilfield servicing market.Under the terms of the agreement, ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share…

Japan’s Mitsubishi Invests in EIG’s LNG Unit MidOcean Energy

Apr 02, 2024

MidOcean Energy, a global liquefied natural gas (LNG) company formed and managed by EIG, has secured a strategic investment from Mitsubishi Corporation, set to accelerate its strategy to create a global ‘pure play’ integrated LNG company.The…

Motus to Supply Platform Main Crane for Empire Wind 1 OSS

Apr 02, 2024

Norwegian crane specialist Motus Technology has secured a contract from Seatrium to deliver engineering, design, and construction of the platform main crane for Empire Wind 1 Offshore Substation (OSS).The main platform crane from Motus will be delivered to Seatrium’s Singapore yard…

Transocean’s Drillship to Stay in Gulf of Mexico Under $195M Contract Extension

Apr 02, 2024

Offshore drilling contractor Transocean has secured a contract extension for its Deepwater Asgard drillship with Hess Corporation for operations in the U.S. Gulf of Mexico.The 365-day contract extension for Deepwater Asgard is valued at $195 million…

TDI-Brooks Completes Survey Off New York & New Jersey

Apr 01, 2024

Between January 2023 and February 2024, TDI-Brooks conducted an extensive site investigation program in two offshore wind blocks in state and federal waters. The projects involved surveying in excess of 20,000 line-kms of analogue and either…

Beacon Concludes Divestment in Deepwater Gulf of Mexico Fields

Apr 01, 2024

Texas-based exploration and production company Beacon Offshore Energy has completed the divestment of its non-operated interests in deepwater fields in the Gulf of Mexico.The move is in accordance with a previously executed definitive agreement with GOM 1 Holdings…

Baker Hughes: US Drillers Cut Oil and Gas Rigs for Second Week In A Row

Mar 29, 2024

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-January, energy services firm Baker Hughes BKR.O said in its closely followed report on Thursday.The oil and gas rig count…

Ocean Infinity Inks Deal with Shell for Subsea Data Capture Services

Mar 28, 2024

Ocean Infinity signed a global framework agreement (GFA) with Shell to provide its robotic fleet for servicing the offshore energy sector.The GFA marks a significant milestone in the provision of lean-crewed and robotic seabed geomatics, spanning geophysical and geotechnical services…

Equinor Sets Up Union Partnership for New York’s First Offshore Wind Hub

Mar 28, 2024

Empire Wind and the Building & Construction Trades Council of Greater New York and Vicinity (BCTC) have signed a Project Labor Agreement (PLA) for the construction of the South Brooklyn Marine Terminal (SBMT).The revitalized SBMT will play a…

New England Offshore Wind Auction Draws Multiple Bidders

Mar 27, 2024

Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted.The U.S. offshore wind industry is booming so far this year…

CalWave to Provide Wave Energy Tech for British Columbia Project

Mar 27, 2024

CalWave, a California-based wave energy technology developer, has been selected as the technology provider for a wave energy project at Yuquot in British Columbia, with the Mowachaht/Muchalaht First Nation (MMFN).As a ‘first-of-a-kind’ (FOAK) wave energy project for coastal community microgrids…

Big Turnout Expected in New England Offshore Wind Power Auction

Mar 27, 2024

Several offshore wind developers are on track to bid in the combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola, Engie, and Orsted.The U.S. offshore wind industry is booming so far in 2024…

Second Offshore Wind Sale Proposed for Gulf of Mexico

Mar 21, 2024

The U.S. Department of the Interior has unveiled proposal for a second offshore wind energy auction in the Gulf of Mexico, which would cover four areas offshore Louisiana and Texas.Totaling 410,060 acres, the next Gulf of Mexico offshore wind…

Dril-Quip and Innovex Agree Merger in All-Stock Deal

Mar 20, 2024

Dril-Quip and Innovex Downhole Solutions have agreed to merge, creating a ‘unique’ industrial platform for onshore and offshore oil and gas sector.In an all-stock transaction, Dril-Quip will combine its drilling and production equipment expertise…

NOV Acquires MAATS Tech's Carousel and Cable-Lay Systems IP

Mar 20, 2024

Houston-based energy solutions provider NOV has acquired the intellectual property (IP) rights of MAATS Tech, a defunct business providing turnkey ship-based carousel and cable-lay systems.In 2023, NOV formed a new Cable Lay team based in Stonehouse…

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