PHOTOS: Jack/St. Malo Platform Delivered to U.S. Gulf of Mexico

CM_Solutions_2013Jack&St.Malo_Stage2_Crowley_0197_result

Here's a series of photos showing the three phase delivery of the massive semi-submersible floating production facility, Jack/St. Malo, approximately 280 miles south of New Orleans, Louisiana. With the help of Crowley's new Ocean-class tugs, the Jack/St. Malo platform was recently successfully moored and made storm safe at a depth of 7,000 feet between the Jack and St. Malo … [Read more...]

U.K. Government Gives Chevron Thumbs Up at Alder Field

blackford dolphin

Chevron North Sea Ltd reached a final investment decision today and received approval from the U.K. Government to proceed with the development of the Alder Field in the Central North Sea. The project has a planned design capacity of 110 million cubic feet of natural gas and 14,000 barrels of condensate per day. First production is expected in 2016. “Our decision to proceed … [Read more...]

Chevron Awards Transocean $1.1 Billion Drillship Charter Contract

Discoverer Americas Transocean Drillship Robert Rob Almeida photography

Chevron has awarded a 5-year, $1.1 billion contract to Transocean today for the charter of a new drillship that will be build over the next few years at Daewoo Shipbuilding and Marine Engineering. Construction of this new $725 million drillship is expected to begin in Q4 2014 with delivery in Q2 2016, and will be built alongside six other Transocean drillships currently … [Read more...]

Shell and Chevron Move Offshore as Nigerian Risks Mount

bonga fpso shell oil production

July 31 (Bloomberg) -- At Royal Dutch Shell Plc’s compound in the Nigerian city of Warri, the gate is locked, the grounds are empty and grass has overgrown since Europe’s biggest oil company closed its operations in March after more than 40 years. After Warri saw some of the nation’s worst unrest in two decades, Shell has sold land-based fields that pumped … [Read more...]

Frade FPSO Finally Given Green Light for Restart by Brazilian Authorities

chevron frade fpso

By Jeb Blount RIO DE JANEIRO, April 8 (Reuters) - Brazil's oil regulator, the ANP, said on Monday that it authorized Chevron Corp to restart output from an offshore oil field more than a year after a November 2011 spill forced the No. 2 U.S. oil company to stop Brazilian production. Chevron was granted permission to restart output from four wells at the Frade field for … [Read more...]

Chevron Strikes in Deepwater U.S. Gulf of Mexico

Coronado prospect in prolific Lower Tertiary Trend. Illustration: Chevron

Chevron Corporation (NYSE: CVX) on Tuesday announced that it has struck oil at the Coronado prospect off the coast of Louisiana in the deepwater Gulf of Mexico. In a statement, Chevron said the Walker Ridge Block 98 Well No. 1 encountered more than 400 feet (122 m) of net pay. The well is located approximately 190 miles (308 km) off the Louisiana coast in 6,127 feet … [Read more...]