Friday, December 4, 2020
offshore oil rig
Offshore

Trump Administration Encourages Offshore Drilling in Final Energy Push

By Jessica Resnick-Ault NEW YORK, Dec 3 (Reuters) – The U.S. Bureau of Safety and Environment Enforcement, which overseas offshore oil and gas production, said it will consider lower royalty payments for...

December 4, 2020
Total Views: 1399

Tuesday, January 8, 2019
thunder horse platform
Offshore

BP Uses New Technology to Unlock 1 Billion BOE at Thunder Horse Field

By Ron Bousso LONDON, Jan 8 (Reuters) – BP said it has discovered two new oilfields in the Gulf of Mexico and has identified an additional billion barrels of oil...

January 8, 2019
Total Views: 48

Thursday, February 1, 2018
Pacific Drilling’s Sharav deepwater drillship
Offshore

Chevron, Shell Both Announce Major Oil Discoveries in Deepwater Gulf of Mexico

Both Chevron and Royal Dutch Shell on Thursday announced major deepwater oil discoveries at two separate wells located in the U.S. Gulf of Mexico. Both finds have been described as...

February 1, 2018
Total Views: 34

Friday, November 17, 2017
auger tension leg platform
News

BSEE Director: Deepwater Gulf of Mexico Critical to U.S. Energy Dominance

Oil and gas production from deepwater projects in the U.S. Gulf of Mexico is critical to the Trump Administration’s goal of energy dominance, according to Bureau of Safety and Environmental...

November 17, 2017
Total Views: 27

Friday, November 10, 2017
drillship in gulf of mexico
News

As Oil Prices Rise, Global Majors Eye Mexico’s Deep Waters

By Adam Williams (Bloomberg) — As the price of oil rises, an international rush is on for Mexico’s untapped deep-water riches. The who’s who of the oil world — led...

November 10, 2017
Total Views: 19

Wednesday, November 8, 2017
auger tension leg platform
Maritime News

Crude Goes on Wild Ride as Stockpile Surge Outweighs Platform Shutdowns

By Jessica Summers (Bloomberg) — Crude went on a roller-coaster ride Wednesday as platform closures in the Gulf of Mexico led futures to spike, while the stubborn increase in U.S....

November 8, 2017
Total Views: 2

Thursday, June 1, 2017
delfin flng
Maritime News

U.S. Approves Exports from First Floating LNG Terminal in Gulf of Mexico

By Naureen S. Malik (Bloomberg) — The first floating terminal proposed to export natural gas out of the Gulf of Mexico has been cleared by U.S. regulators to send cargoes...

June 1, 2017
Total Views: 20

Monday, February 6, 2017
News

Offshore Drillers Still Seeking Recovery Enjoyed by Shale

By Bailey Lipschultz (Bloomberg) — While oil drillers in U.S. shale basins are starting to see business come back, their offshore brethren will have to wait for prices to surge well...

February 6, 2017
Total Views: 20

Wednesday, August 31, 2016
Maritime News

BSEE: 22 Percent of U.S. Gulf Oil Output Shut-in On Storm

Offshore oil and gas operators have shut-in approximately 19.52 of of the current oil production in the Gulf of Mexico as Tropical Storm Hermine makes its way across the eastern portion...

August 31, 2016
Total Views: 19

Monday, August 29, 2016
News

GoM Oil and Gas Operators Evacuate Platforms, Rigs Ahead of Storm

Offshore oil and gas operators in the Gulf of Mexico have started evacuating platforms and rigs in the path of a Tropical Depression 9, the Bureau of Safety and Environmental...

August 29, 2016
Total Views: 2

Wednesday, August 24, 2016
Maritime News

Gulf of Mexico Oil and Gas Lease Sale Raises Just $18 Million

A U.S. government oil and gas lease sale covering the Western Gulf of Mexico garnered just $18 million in high bids on Wednesday, a reflection of the prolonged weak oil...

August 24, 2016
Total Views: 27

Tuesday, August 2, 2016
maersk valiant
Maritime News

Maersk Drilling to Cut 122 Jobs in U.S. After Losing Drillship Contract

COPENHAGEN, Aug 2 (Reuters) – Maersk Drilling will cut 122 jobs in the United States due to the early termination of a contract for deepwater rig Maersk Valiant, a spokeswoman...

August 2, 2016
Total Views: 41

Friday, February 26, 2016
Maritime News

Mexico Planning First-Ever Deep Water Gulf Oil Auction

MEXICO CITY, Feb 26 (Reuters) – Contract awards for Mexico’s first-ever deep water oil auction covering ten potentially lucrative blocks will take place on Dec. 5, oil regulator CNH said...

February 26, 2016
Total Views: 16

Tuesday, October 20, 2015
Interesting

Fatal Accident Reported on Pacific Santa Ana Drillship in Gulf of Mexico

  The U.S. Bureau of Safety and Environmental Enforcement said Tuesday it was responding to a report of a death on the Pacific Santa Ana in the Gulf of Mexico off...

October 20, 2015
Total Views: 49

Thursday, July 23, 2015
Interesting

Idling Drillships Turn Gulf of Mexico Into One Big Expensive Parking Lot

By David Wethe (Bloomberg) — Imagine parking your $300 million boat for months out in the open sea, with well-paid mechanics hovering around it and the engine running. The Gulf...

July 23, 2015
Total Views: 37

Thursday, February 19, 2015
News

Rigs Running Hot in Gulf of Mexico as Shale Scales Back

While U.S. drilling on land has fallen along with the price of crude, the risky and expensive drive to pull oil from the depths of the Gulf of Mexico is showing little evidence of a slowdown.

February 19, 2015
Total Views: 1

Wednesday, October 29, 2014
stena forth drillship
News

Hess and Partners Reach FID for Stampede Development

Hess, along with their joint venture partners Union Oil (Chevron), Statoil and Nexen, all of which have a 25 percent working interest, have reached a final investment decision to proceed...

October 29, 2014
Total Views: 21

Thursday, September 18, 2014
maersk viking drillship
Offshore

BP Plans Deeper Drilling for Offshore Oil Despite Ruling

Even as it faces $50 billion in potential liabilities from the worst U.S. offshore oil spill, BP Plc is leading the effort to extract crude from deep below the sea, a place as extreme and inhospitable as the surface of Mars.

September 18, 2014
Total Views: 26

Thursday, September 11, 2014
News

Video: Shell’s Tension Leg Platform ‘Auger’, A Deepwater Pioneer

In 1994, ‘Auger’ became Royal Dutch Shell’s first tension-leg platform operating in the deep-water of the U.S. Gulf of Mexico. When production from its fields started to slow, the Auger...

September 11, 2014
Total Views: 38

Thursday, June 5, 2014
deepwater horizon disaster
News

Report: Flaws in Gulf Rigs Persist Four Years After Deepwater Horizon Disaster

Flaws in safety equipment and procedures used on Gulf of Mexico rigs persist four years after 11 workers died in an explosion aboard the Deepwater Horizon that led to the largest offshore oil spill in U.S. history.

June 5, 2014
Total Views: 6