Offshore North America News - page 111


Husky, Cenovus Shareholders Approve $4.78 Billion Merger Deal

Dec 15, 2020

Cenovus Energy Inc's C$6.07 billion ($4.78 billion)deal to buy Husky Energy Inc was approved by the shareholders of the two companies on Tuesday, creating Canada's No. 3 oil and gas producer in a rapidly consolidating industry.Cenovus said 93%…

TechnipFMC Orders Oceaneering Connectors for Gulf of Mexico Projects

Dec 15, 2020

Oceaneering has been awarded a connector supply contract from TechnipFMC to provide 2-inch M5 Connectors and Chemical Throttle Valves (CTV) for Murphy Oil's Khaleesi/Mormont and Samurai tieback project in the U.S. Gulf of Mexico (GoM).Oceaneering…

Mexico: Blackford Dolphin Rig Starts Pemex Work

Dec 15, 2020

Offshore drilling company Dolphin Drilling said Tuesday that its Blackford Dolphin semi-submersible drilling rig had completed inspection and started a contract with Pemex in Mexico.'We are delighted to announce that on Thursday, 3rd December 2020…

Exxon Sets Greenhouse Gas Emissions Reduction Target

Dec 14, 2020

Oil major Exxon Mobil Corp said on Monday it planned to reduce its greenhouse gas emissions over the next five years, as investors and climate change campaigners ratchet up the pressure for action to limit global warming.The move comes after…

NOIA Pushes for Growth and Stability in the US Energy Markets

Dec 14, 2020

Erik Milito, President National Ocean Industries Association (NOIA), discusses the outlook for traditional oil and gas and emerging renewable offshore energy under the incoming Biden Administration.

US Defense Bill Affirms Jones Act Applies to Offshore Wind

Dec 11, 2020

The U.S. Senate on Friday passed the National Defense Authorization Act (NDAA) for fiscal year 2021, a massive $741 billion defense bill setting policy for the Pentagon. Importantly for the U.S. offshore and maritime industries, the bill includes…

U.S. Gulf of Mexico Operator Lifts Output Guidance

Dec 09, 2020

Following a record-breaking hurricane season in the U.S. Gulf of Mexico, with several production shut-downs across the region, oil and gas firm W&T Offshore on Tuesday increased its oil output forecast for the fourth quarter of 2020.The company…

Pandemic Wiped 91,680 Jobs in U.S. Oilfield Services Sector

Dec 09, 2020

The U.S. oilfield services sector lost 91,680 jobs due to pandemic-related oil demand destruction, according to a monthly report compiled and published by trade group Petroleum Equipment & Services Association (PESA) on Tuesday.Demand for drilling…

2020 Has Been a Big Year for US Offshore Wind

Dec 08, 2020

This has certainly been an active year for offshore wind, both in the U.S. and globally. Looking at the U.S. in particular, the East Coast is certainly giving cause for real optimism with a clear pipeline of state procurement targets indicating 12 gigawatts installed by 2030 and 29…

Ørsted to Sell 25% in 1,1GW U.S. Offshore Wind Project to NJ's PSEG

Dec 04, 2020

Offshore wind developer Ørsted has entered into an agreement to sell a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include…

Siem Offshore Sells 1998-built AHTS Vessel

Dec 04, 2020

Norwegian offshore vessel owner Siem Offshore has signed an agreement to sell its AHTS vessel Venture Sea. The vessel, built by Halter Marine in 1998, is owned by Secunda Canada, a Siem Offshore Canadian subsidiary.Siem Offshore said that the…

U.S. Adds China's CNOOC to Defense Blacklist

Dec 04, 2020

The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC, to a blacklist of alleged Chinese military companies, drawing condemnation from Beijing as President-elect Joe Biden prepares to take office.The Department…

Chevron Tightens Belt. Cuts Billions Off Long-Term Capex

Dec 04, 2020

U.S. oil major Chevron Corp on Thursday cut billions off its long-term capital and exploratory budget even after a major restructuring of its operations as it tries to ride out a collapse in oil prices and preserve its dividend.Oil majors have…

Great Lakes Dredge & Dock Plans First Jones Act Rock Installation Vessel

Dec 03, 2020

U.S.-based Great Lakes Dredge & Dock is developing a first-of-its-kind vessel to support America's burgeoning offshore wind industry.The nation's largest dredging services provider announced Thursday it is working with Ulstein Design and Solutions B…

Ex-Lockheed Martin CEO Joins Chevron Board

Dec 03, 2020

Marillyn A. Hewson, until recently CEO of aerospace and defense firm Lockheed Martin, has been elected to Chevron’s board of directors, effective on January 1, 2021. She will serve on the Audit Committee of the Board.  Hewson, 66, is executive chairman of Lockheed Martin Corporation…

Current News

Trelleborg Launches Advanced Sealing System for Offshore Wind Foundations

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Fugro, Spoor Join Forces for AI Bird Monitoring for Offshore Wind Farms

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