U.S. Offshore
Article
U.S. drilling slows as high operating costs, low oil prices and capital restraint motivate operators
September 2025
U.S. drilling activity has softened in 2025, with rig counts sliding despite steady production, as operators lean on efficiency gains and disciplined spending. M&A and inventory optimization took priority over aggressive new drilling, while gas-focused rigs remained under pressure amid shifting LNG demand.
News
September 18, 2025
The U.S. Senate has confirmed former Energy Workforce & Technology Council (EWTC) CEO Leslie Beyer as Assistant Secretary for Land and Minerals Management at the Department of the Interior, a role with sweeping oversight of U.S. oil, gas and mining activity on federal lands and offshore.
News
September 15, 2025
GATE Energy has been awarded the full commissioning scope for bp’s Kaskida Floating Production Unit (FPU) in the U.S. Gulf. Working with Seatrium, GATE will provide systems completion, dynamic commissioning, and interface coordination for the deepwater project.
News
September 09, 2025
California Governor Gavin Newsom is seeking to impose further restrictions on the state's offshore oil industry, a setback to Sable Offshore Corp. and its controversial project off the coast of Santa Barbara County.
News
September 08, 2025
Expro has set a new benchmark for deepwater well construction, achieving the heaviest casing string deployment to-date for a major operator in the Gulf of America/Gulf of Mexico.
News
September 05, 2025
President Donald Trump’s energy chief said there are active discussions in the administration about the future of an offshore wind farm being constructed off the coast of Rhode Island by Denmark’s Orsted A/S, where work was recently halted.
News
August 26, 2025
U.S. President Trump reiterated his opposition to wind power in a Tuesday cabinet meeting, as his administration has in recent weeks moved more aggressively to restrict projects by blocking approvals, halting construction and invalidating necessary permits.
News
August 20, 2025
The U.S. Interior Department on Tuesday released its offshore leasing schedule under Trump's One Big Beautiful Bill, garnering support from several energy sector agencies.
News
August 19, 2025
Supporting workforce logistics for both multinational crew rotations and shore-based and corporate personnel, ATPI will provide comprehensive travel solutions to each operator to ensure safe and efficient transfer of crew to and from drilling sites and offshore rigs.
News
August 04, 2025
bp has successfully started up its Argos Southwest Extension project, the first in a series of new projects planned in the Gulf of America/Gulf of Mexico over the next five years. The project adds 20,000 boed of production at the existing Argos platform.
News
July 23, 2025
Trendsetter Engineering has secured a contract award for the delivery of four 15K horizontal subsea tree systems, associated tooling and installation services to a major Gulf of America/Gulf of Mexico operator.
News
July 07, 2025
Valaris has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18, the company announced. The combined addition to contracted revenue backlog is approximately $760 million.
News
July 03, 2025
National Ocean Industries Association (NOIA) President Erik Milito issued a statement on Thursday as the One Big Beautiful Bill Act (OBBBA) heads to U.S. President Trump’s desk for signature. "With President Trump’s signature, OBBBA will restore certainty to the offshore oil and gas leasing process," Milito said.
News
July 01, 2025
The U.S. Senate on Tuesday voted to narrowly approve President Trump's $3.3 trillion tax and spending package dubbed the 'One Big Beautiful Bill.' U.S. energy associations including the API, IPAA, NOIA and EWTC issued separate statements acknowledging the Senate's decision as a victory for the U.S. oil and gas industry.
News
June 30, 2025
Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility in the Gulf of America/Gulf of Mexico — the Shenandoah floating production system.
News
June 27, 2025
The Energy Workforce & Technology Council (EWTC) has released a statement praising the Trump Administration’s announcement of a historic offshore lease sale in the Gulf of America/Gulf of Mexico, slated to offer nearly 80 million acres for oil and gas development.
News
June 20, 2025
According to TIPRO’s analysis, direct Texas upstream employment for May totaled 208,200, an increase of 2,200 industry positions from April employment numbers, subject to revisions. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction.
News
June 20, 2025
Danos has secured a contract renewal with Eni to provide production labor for its Gulf of America/Gulf of Mexico assets. The agreement includes approximately 50 offshore positions, such as production operators, instrumentation and electrical technicians, mechanics and electricians.
News
June 19, 2025
Continuing with the success of Phases I and II of its Laconia 3D OBN multi-client seismic program in the U.S. Gulf, Viridien has announced, in collaboration with partner TGS, the start of Laconia Phase III.
News
June 17, 2025
The American Petroleum Institute has joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf.
