Offshore North America News

 

Trump: Second Term, Second Withdrawal from Paris Climate Agreement

14 hours ago

President Donald Trump once again withdrew the United States from the Paris climate deal on Monday, removing the world's biggest historic emitter from global efforts to fight climate change for the second time in a decade.The move places the United States alongside Iran, Libya and Yemen as the only countries in the world outside the 2015 pact, in which governments agreed to limit global warming to 1…

Prysmian Drops Plans for US Offshore Wind Cables Factory

12 hours ago

Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by Reuters on Tuesday, even as it expands its overall business in the country.Prysmian, the…

First Anti-Offshore Wind Policies Hit US as New Administration Takes Over

12 hours ago

President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.'We're not going to do the wind thing. Big, ugly wind mills. They ruin your neighborhood…

Trump Revokes Biden's Oil Drilling Block on US Coasts and Arctic

13 hours ago

U.S. President Donald Trump signed an executive order on Monday repealing former President Joe Biden's efforts to block oil drilling in the Arctic and along large areas off the U.S. coasts, according to the White House.Biden this month banned new offshore oil and gas development along most U…

US LNG Export Permit Applications Back on Table under Trump’s Order

14 hours ago

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's climate policies…

Six US LNG Cargoes Diverted from Asia to Europe

Jan 20, 2025

Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data.The diverted cargoes…

OTE Corp Signs $3.5M Deal for OTEC Installation at US Army Base

Jan 15, 2025

Ocean Thermal Energy Corporation (OTE Corp) has partnered with Johnson Controls to demonstrate the feasibility of deploying a 17.5 MW Ocean Thermal Energy Conversion (OTEC) system at the remote military base.The contract is part of Johnson Controls…

New US Energy Department Chief to Call for More LNG

Jan 15, 2025

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power…

Shell Brings Whale Platform On Stream in US Gulf of Mexico

Jan 10, 2025

Oil and gas major Shell has started the production at its deepwater Whale floating production facility in the Gulf of Mexico.The Whale production facility is in the Alaminos Canyon Block 773 and is adjacent to the Shell-operated Silvertip field…

Audubon Report Outlines Steps for Finding Offshore Wind and Birds Balance in US

Jan 09, 2025

The National Audubon Society has released a report that shares clear strategies and policy recommendations for balancing clean energy demand with conservation in order to combat climate change while protecting birds and their habitats.The report…

Shell Hires SLB for Deepwater Drilling Support Across Multi-Region Assets

Jan 08, 2025

Global energy technology company SLB has secured a series of major drilling contracts by Shell to support capital-efficient energy development across its deep and ultra-deepwater assets in the U.K. North Sea, Trinidad and Tobago, Gulf of Mexico and others…

ExxonMobil Braces for Lower Quarterly Earnings Statement

Jan 08, 2025

Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.The oil major also said in an SEC filing that…

Suncor Hikes Up Fourth Quarter Production

Jan 07, 2025

Canadian oil and gas company Suncor said on Monday it saw higher upstream production and throughput at its refineries in the fourth quarter.The Calgary, Alberta-based company's upstream quarterly production rose to 874,000 barrels per day (bpd) from 808…

Global Gravity Names New CEO

Jan 06, 2025

Tubular systems developer Global Gravity has appointed Tom Rasmussen, an industry expert with over 25 years of experience in offshore and oil and gas operations, as its chief executive officer (CEO).Tom Rasmussen took over the CEO role at Global Gravity on January 1…

Talos Energy Shifts Management Team as Search for CEO Nears End

Jan 06, 2025

U.S. oil and gas company Talos Energy has informed that Joseph Mills has resigned as Interim President and Chief Executive Officer (CEO) and a member of the board, as the appointment of permanent CEO reaches final stage.Joseph Mills will leave the company to pursue other opportunities…

Current News

European firms exposed as Trump targets US offshore wind

European firms exposed as Trum

US NatGas Demand Could Hit Record High

US NatGas Demand Could Hit Rec

OMSA's Aaron Smith Reflects on Offshore Wind Development Pause

OMSA's Aaron Smith Reflects on

First Gas Flows to FLNG Gimi from BP’s GTA FPSO

First Gas Flows to FLNG Gimi f

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