News

Exxon makes two more offshore discoveries

ExxonMobil this afternoon announced two new oil discoveries in the Stabroek block offshore Guyana. In a statement, the company said the discoveries were ExxonMobil this afternoon announced two new oil discoveries in the Stabroek block offshore Guyana. In a statement,...

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Gulf of Mexico deepwater discoveries pick up in 2021-2022

Operators Chevron, Shell, Talos, and others announced five new discoveries in the deepwater Gulf of Mexico over the past twelve months. As oil prices improve and demand increases, in part due to U.S. led Russian sanctions and the expanding economy, Gulf operators...

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SHELL to install pipelines in the Gulf of Mexico

The subsea construction vessel Amazon which will be used to lay super-deep pipelines in the Gulf of Mexico. Offshore staff Pensacola – Shell has awarded McDermott a subsea contract f0r the deepwater Whale field development in the US Gulf of...

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Exxon finds new oil offshore Guyana

ExxonMobil and its partners have made their 20th discovery offshore Guyana. The drillship Noble Sam Croft. (Courtesy Noble Corp.) View Image Gallery Offshore staff NEW YORK/Miami – ExxonMobil and its partners Hess and CNOOC have made their 20th discovery on...

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Exxon Mobil in Guyana 2021

MIAMI, Florida – ExxonMobil has contracted PGS to perform 4D seismic acquisition offshore Guyana.  Seismic experts estimate that offshore Guyana has enough subsea petroleum reserves to power the entire world for a year. Despite the continuing impact of COVID-19, PGS...

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Oceanwind’s Floating Wind Power

Oceanwind’s Floating Wind Power MIAMI, Florida – DNV has completed a concept verification review of Odfjell Oceanwind’s WindGrid system for mobile offshore wind units. The company’s review confirms the technical feasibility of the WindGrid system, and that expected...

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$8 billion Offshore Brazil Project

MIAMI, Florida – Equinor and partners have committed to develop Phase 1 of the Bacalhau field in the Brazilian presalt Santos basin, at an estimated cost of $8 billion. Partners in the development include Equinor, ExxonMobil.  Drilling and well...

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Exploration Drilling Up in the Americas – 2021

MIAMI – Exploration in the Americas last year in 2020 held up better than expected. Among the largest offshore discoveries were at Kwaskwasi offshore Suriname.  Apache Corp. and partner Total have made what may be their largest oil discovery to date....

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Offshore Bahamas Well Continues

NASSAU, the Bahamas – A Bahamian justice official has declined to grant orders requested by environmental groups that would impact the offshore Perseverance #1 well.  “This is a very positive outcome for the completion of the Perseverance #1 well.”

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OFFSHORE WIND TURBINE FARM

RICHMOND, Virginia – The keel for Dominion Energy’s offshore wind turbine installation vessel Charybdis has been laid. Said to be one of the biggest vessels of its kind in the world, it will have accommodations for up to 119 people.The overall project cost is...

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