WorldOil Maersk Drilling targets 50% CO2 emissions reduction by 2030 Maersk Drilling has set an ambitious target of lowering the intensity of CO2 emissions from its drilling operations by 50% by 2030. The target is supported by Maersk Drilling’s strategic focus on efficiency gains, which also leads to reduced CO2 emissions. U.S. looks to close liability loopholes for bankrupt offshore oil producers The Interior Department is proposing rules to strengthen the issuance criteria after companies have filed for Chapter 11 and escaped financial obligations to cap their non-producing wells, said Walter Cruickshank, acting director of the department’s Bureau of Ocean Energy Management. Oceaneering, Danos Win 2020 NOIA Safety in Seas Awards The National Ocean Industries Association (NOIA) announced that Oceaneering and Danos are the winners of the 2020 NOIA Safety in Seas Awards competition. Oceaneering was selected for the 2020 NOIA Safety in Seas Safety Practice Award, and Danos is recognized for the 2020 NOIA Safety in Seas Culture of Safety Award. Husky sees an uncertain future for West White Rose and other offshore Canada operations “Unfortunately, the delay caused by COVID-19 and continued market uncertainty leaves us no choice but to undertake a full review of the project and, by extension, our future operations in Atlantic Canada," said Husky CEO Rob Peabody. Trump extends Florida’s offshore drilling ban President Donald Trump endorsed an extended ban on offshore oil development on Florida’s western coast as he courts voters worried that drilling imperils the state’s beaches and tourism-based economy. Hess strikes deepwater oil offshore Guyana Hess Corporation announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate for the block of more than 8 billion barrels of oil equivalent. Trudeau’s comments on Canadian offshore industry disappoint key trade group On September 3rd, Prime Minister Justin Trudeau spoke with VOCM Open Line host Paddy Daly who asked pointed questions about supporting the Newfoundland and Labrador offshore oil and gas industry. The responses of the prime minister did not provide any commitment or clarity, despite months of a crisis in the offshore, advocacy by the Newfoundland and Labrador Oil and Gas Industries Association (Noia), as well as information sharing by Noia, the Government of Newfoundland and Labrador, and other stakeholders. Ocean Installer and Vard team up to develop offshore wind installation vessels “We will jointly be developing one of the world's most advanced vessels for installation of future offshore wind turbines, which are too large for the existing turbine installation fleet,” says Erik Haakonsholm, General Manager of Vard Group Offshore and Specialized Vessels. Laura to strike U.S. oil and gas infrastructure as “potentially catastrophic” Cat 4 hurricane The tropical threat has prompted more than 84% of oil output and nearly 61% of natural gas production in the Gulf of Mexico to be shut, according to the Interior Department’s Bureau of Safety and Environmental Enforcement. Germany pushes for talks to de-escalate Greece and Turkey’s energy battle German Foreign Minister Heiko Maas urged Greece and Turkey to restart talks over their competing claims to economic sovereignty in contested waters of the eastern Mediterranean as he visits the NATO allies on Tuesday.