Offshore North America News - page 52

 

Oilfield Services giant SLB Beats First-quarter Profit Estimates

Apr 21, 2023

SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies fueled demand for its oilfield services. Global crude prices averaged $81.24 a barrel in the January-March quarter, down nearly 20%…

N. America Wind Power Sector Needs Cost Cuts & Supply Chain Revamp

Apr 21, 2023

Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows.With hydropower expected to generate an additional 11…

Transocean's Big Move: Adapting Offshore Drilling Vessels to Install Wind Foundations

Apr 19, 2023

Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels…

Saipem's 7th-gen Drillship Santorini Secures Two-year Extension with Eni

Apr 19, 2023

Italian oil company Eni has extended the contract for Saipem's 7th-generation Santorini drillship for two years, starting in August 2023.According to Saipem, the extension is worth approximately 280 million dollars. 'To this amount will be added…

C-Innovation Opens New Facility in Port Fourchon

Apr 18, 2023

C-Innovation, an affiliate of Edison Chouest Offshore (ECO) and its family of companies, announced the opening of its new facility in Port Fourchon, La. The expansion provides an additional dock facility for subsea inspection, maintenance and…

Eco Wave Power to Set Up U.S. Office

Apr 18, 2023

Wave power technology firm Eco Wave Power Global said Tuesday it would launch a U.S. subsidiary under the name Eco Wave Power U.S. The company also plans to establish a corporate office in New York City.'Eco Wave Power’s decision reflects its…

Crewmember Medevaced from Pipelay Barge in US Gulf

Apr 18, 2023

An ailing crewmember was medevaced from an offshore pipelay barge in the U.S. Gulf of Mexico on Monday, the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector Houston-Galveston received a medevac request relay from Coast Guard District Eight at 6:45 a…

LLOG Taps InterMoor to Fabricate 12 Mooring Piles for Salamanca FPS in the Gulf of Mexico

Apr 18, 2023

Acteon's InterMoor has secured a contract to fabricate 12 mooring piles to support oil firm LLOG in the permanent mooring of the Salamanca Floating Production System in the U.S. Gulf of Mexico.LLOG previously awarded the design of the 80’ long and 16’ OD piles…

Chevron Relinquishes Offshore Oil and Gas Permits in Western Canada

Apr 14, 2023

Chevron Canada said Thursday it was voluntarily relinquishing 19 offshore oil and gas permits on Canada's west coast.The licenses are located within the Scott Islands marine National Wildlife Area and the Hecate Strait and Queen Charlotte Sound Glass Sponge Reefs Marine Protected Area (MPA)…

Floating Offshore Wind: New Seascape, New Challenges

Apr 13, 2023

Offshore wind energy planners are giving close review to fixed-tower systems in order to extend lessons learned to floating wind towers, under development now. In the U.S., floating towers have been most closely associated with plans for new wind energy areas (WEA) in the Pacific…

VIDEO: BP's First New Platform in U.S. Gulf of Mexico Since 2008 Starts Production

Apr 13, 2023

Oil major BP has started oil production at its Argos offshore platform in the deepwater U.S. Gulf of Mexico.With a gross production capacity of up to 140,000 barrels of oil per day, Argos is BP’s fifth platform in the Gulf of Mexico and the…

Chevron CEO Pay Rose to $23.6 million in 2022, Employee Compensation Fell

Apr 13, 2023

Chevron Corp CEO Michael Wirth was paid $23.6 million in 2022, a 4% increase from the prior year while the median annual compensation for the oil giant's employees fell 12%, a securities filing showed on Wednesday. In addition to sky-high energy prices…

ConocoPhillips Raises Emission Reduction Targets, Expects $10B in Annual Spending

Apr 12, 2023

U.S. oil producer ConocoPhillips on Wednesday unveiled a 10-year plan that raised its targets for greenhouse gas reductions and put its annual capital expenditure at about $10 billion on average, ahead of an investor meeting.Houston-based ConocoPhillips…

BSEE Gears Up for Offshore Wind Oversight

Apr 10, 2023

BSEE Director Kevin Sligh Sr. discusses with Offshore Engineer the myriad of challenges and opportunities ahead as the government agency integrates oversight of the U.S. offshore wind build out, targeting 30GW of offshore wind power by 2030 and another 15GW from floating wind by 2035.

First Jones Act-compliant Offshore Wind Farm SOV Hits Halfway Mark

Apr 07, 2023

U.S. offshore shipbuilder and shipowner Edison Chouest this week marked the 50-percent completion milestone for the U.S.-flagged ECO Edison, the first Jones Act-compliant wind farm SOV. Senior executives from offshore wind developers Ørsted…

Current News

Keys to Keeping Offshore Metal Structures Ship Shape

Keys to Keeping Offshore Metal

Preview: Japan Energy Summit & Exhibition 2025

Preview: Japan Energy Summit &

Havila Acquires Polarsyssel Offshore Supply Ship

Havila Acquires Polarsyssel Of

Finnish Port Set for Offshore Wind Overhaul

Finnish Port Set for Offshore

Subscribe for OE Digital E‑News

Offshore Engineer Magazine