Noble Newbuilds Headed for Gulf of Mexico

Illustration of the Noble drillships.

Noble Corporation (NYSE: NE) said Thurday that it has entered into two three-year contracts with Plains Exploration & Production Company (NYSE:PXP) for the Noble Sam Croft and the Noble Tom Madden, two of Noble's new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. (HHI) shipyard in Ulsan, South Korea. The drillships are … [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...]

Gulf Of Mexico Lease Sale: Statoil 15, BP 0

Erik Finnstrom, Statoil North America

BP refrained today from bidding on any new oil-drilling leases in the Gulf of Mexico (GoM) following the US government's recent decision to prevent the oil giant from accepting new government contracts. Citing a "lack of business integrity" as witnessed during the 2010 Deepwater Horizon oil spill, the US Environmental Protection Agency issued the contract suspension against … [Read more...]

Shell to Boost LNG Fuel Access in Louisiana, Ontario

LNG-powered Offshore Supply Vessels like this one will support Shell’s operations in the Gulf of Mexico. Image courtesy of Harvey Gulf International Marine.

Royal Dutch Shell on Tuesday unveiled plans to build two small-scale liquefaction units in Ontario and Louisiana as the company looks to bring liquefied natural gas (LNG) fuel one step closer to its marine and heavy-duty on-road customers in North America. "These two units will form the basis of two new LNG transport corridors in the Great Lakes and Gulf Coast regions," … [Read more...]

CNOOC Said to Cede Operating Control of Nexen’s U.S. Gulf Assets

Nexen's Aspen platform in the Golf of Mexico. Photo courtesy of Nexen Inc.

By Rebecca Penty and Sara Forden (Bloomberg) -- Cnooc Ltd., China’s largest offshore oil and natural gas producer, was barred from controlling Gulf of Mexico oilfields under U.S. terms for its $15.1 billion takeover of Nexen Inc., people familiar with the matter said. In its purchase of Calgary-based Nexen, Cnooc acquired about 200 deep-water leases in the Gulf with … [Read more...]

DNV Reaches Milestone: Awarded Classification Contract for Gulf of Mexico Newbuild Floater

Opti-ex fpu offshore production facility construction rig

A major milestone was reached today for Norwegian classification society, Det Norske Veritas (DNV).  For the first time ever, DNV has been awarded the classification contract for the Delta House FPS, a Gulf of Mexico-based newbuild floating production semi-submersible. Until today, the American Bureau of Shipping has been the sole provider of such services for these Gulf of … [Read more...]

Allision With Wellhead Causes Geyser in Gulf of Mexico [PHOTO]

U.S. Coast Guard Photo

NEW ORLEANS — The United States Coast Guard on Wednesday said it was responding to a report to an oil spill in the Gulf of Mexico following an allision between a vessel and an inactive wellhead. Coast Guard Sector New Orleans received a report that the 42-foot crewboat Sea Raider allided with a wellhead owned by Swift Energy at around 8 p.m., Tuesday about nine miles … [Read more...]