Subsea 7 has signed four long-term vessel charter agreements in the Gulf of Mexico with Otto Candies and Bordelon Marine to boost offshore construction, inspection, maintenance, and repair (IRM), ROV survey, and pipe/umbilical laying support activities…
About 157,706 barrels, or 9%, of oil production in the U.S. Gulf of Mexico were shut on Wednesday by Hurricane Ian, said offshore regulator Bureau of Safety and Environmental Enforcement.Hurricane Ian was lashing Florida's Gulf Coast with powerful winds and drenching rain…
U.S. offshore oil producers on Tuesday were keeping a wary eye on Hurricane Ian's track as the powerful storm shut-in at least 480,000 barrels of oil production as it heads toward Florida.The hurricane entered the U.S. Gulf of Mexico on Tuesday and is forecast to become a dangerous…
Oil rose more than 1% on Tuesday from a nine-month low a day earlier, supported by supply curbs in the U.S. Gulf of Mexico ahead of Hurricane Ian and a slight softening in the U.S. dollar.Analyst expectations that the Organization of the Petroleum Exporting Countries and allies…
Mexico's environmental regulator has no records of state oil company Pemex reporting a methane leak last December at the country's top oil field, according to the regulator's response to a freedom of information request filed by Reuters.'There…
GW Integrated Solutions LLC (GWIS), a consortium of Worley and Grand Isle Shipyard (GIS), has won a contract with BP to provide engineering, procurement, fabrication and construction services to BP-operated offshore assets in the Gulf of Mexico…
BP Plc on Monday said it is shutting in production at the Na Kika and Thunder Horse offshore oil platforms in the U.S. Gulf of Mexico, after forecasts indicating Hurricane Ian will strengthen in the next few days into the northeastern Gulf.Hurricane…
Talos Energy Inc said on Thursday it will buy EnVen Energy Corp, a private producer in the deepwater U.S. Gulf of Mexico, in a $1.1 billion deal including debt.The acquisition will add 24,000 barrels of oil equivalent per day of production for…
Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to southeast Mexico.The firm's pipelay vessels, Pioneering Spirit, Hidden Gem and Solitaire, will install the 36-inch pipeline…
St. Johns Ship Building earlier this month began building the first in a series of new crew transfer vessels (CTV) for Rhode Island-based Atlantic Wind Transfers (AWT).The Palatka, Fla. shipbuilder held a keel laying ceremony on September 8…
The Biden administration on Wednesday revealed plans to hold an auction of oil and gas drilling rights for up to 1 million acres in the Cook Inlet off the coast of Alaska in December.The sale is among the concessions to the oil and gas sector included in U…
Canadian province Nova Scotia has set a target to offer leases for five gigawatts of offshore wind energy by 2030.“Setting this target sends a clear signal to the world that Nova Scotia is open for business and becoming an international leader in offshore wind and green hydrogen development…
The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The…
Offshore wind developer Ocean Winds East (OW East) on Thursday announced the official name of its planned offshore wind power project in the New York Bight. The wind farm will be called Bluepoint Wind.The project, in the early stages of development…
The chief executive of a small U.S. oil company has jumped to the forefront of the energy industry's greenhouse gas reduction efforts, recruiting high-profile firms to his vision of striking it big by selling access to carbon storage developments…
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