BOEM advances third Gulf offshore lease sale
The Bureau of Ocean Energy Management (BOEM) today issued the Final Notice of Sale for Lease Sale Big Beautiful Gulf 3 (BBG3), the third of 30 Gulf of America lease sales required
Oil & Gas
Zehl & Associates secures $16M Jones Act settlement for injured drillship worker
Houston personal injury law firm Zehl & Associates reports that last year it secured a $16 million settlement on behalf of an injured offshore worker — a result recognized by TopVerdicts as
Delfin takes $5B FID to go ahead on world’s largest FLNG vessel
Houston-based Delfin Midstream Inc. this week announced that it has taken a Final Investment Decision (FID) for the first floating liquefied natural gas (FLNG) vessel of the Delfin LNG project under development
Under new majority ownership, Bourbon announces $180M fleet expansion
Out of restructuring and with funds managed by affiliates of Davidson Kempner Capital and Fortress Investment Group now its majority shareholders, Marseille-headquartered offshore services major Bourbon today announced a major expansion of
Fincantieri transforms former OSV into multipurpose support vessel Tritone
Fincantieri’s Underwater Technology Hub has delivered the multi-purpose support vessel Tritone to the Italian Navy. Originally built as an offshore service vessel, and delivered to Topaz Energy and Marine in 2010 as
Occidental reports Gulf of America oil discovery at Bandit prospect
Occidental Petroleum Corporation (NYSE: OXY) has announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast. The exploration well, located in
Valaris set for more work off Brazil and Suriname
In separate announcements today, offshore drilling contractor Valaris Limited (NYSE: VAL) reported both winning a contract with Brazil’s national oil company Petrobras and entering into a JV to support development of Malaysian
Expanding its decommissioning platform, Chouest acquires Champagne Energy Solutions
The Chouest Group has acquired Houma, La.-based Champagne Energy Solutions (CES), previously known as Champagne Energy & Environmental Services (CEES), a leading provider of offshore decommissioning, plug & abandonment (P&A), and environmental
Seadrill names Samir Ali president and CEO
Offshore drilling contractor Seadrill Limited on March 12 announced a leadership change, effective immediately. that saw EVP and CCO Samir Ali appointed president and CEO, succeeding Simon Johnson. “The board is confident
BBG2 lease sale generates $46.9M in high bids
Yesterday’s Big Beautiful Gulf 2 (BBG2) generated $46,976,423 in high bids. That compares with the more than $300 million in high bids generated by the first Big Beautiful Gulf sale held in