Isaac Reaches Hurricane Strength, 93% of U.S. Gulf Shut-In [UPDATED]
UPDATE: The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team has reported that approximately 93.28 percent of the current daily
UPDATE: The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team has reported that approximately 93.28 percent of the current daily
Editor’s NOTE: With Hurricane Issac threatening a direct hit on New Orleans Wednesday, which happens to be the seventh anniversary of Hurricane
(Bloomberg) — BP Plc’s plans to sell almost $8 billion of deep-water oilfields in the Gulf of Mexico is paving the way for the biggest influx of
Update (1:30 pm CDT): Based on data from offshore operator reports submitted as of 11:30 a.m. CDT today, personnel have been evacuated from a total of 189
HOUSTON–U.S. Interior Secretary Ken Salazar said Wednesday that the first lease sale in the central U.S. Gulf of Mexico since the Deepwater Horizon oil
HOUSTON–BP PLC (BP) said Tuesday that it began the start-up process of Galapagos, one of its major oil and gas projects in the deepwater U.S. Gulf of
Maersk Drilling, the oil exploration services unit of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), said Monday it has been awarded a
On today’s Anniversary of the 2010 Deepwater Horizon disaster, NPR has an interesting story looking at a staffing problem facing the offshore oil and gas
Noble Corp.’s (NE) first-quarter profit more than doubled, topping Wall Street expectations as the offshore driller’s contract dayrates increased.
LOS CABOS — The United States and Mexico agreed Monday to work together on oil and gas development in the Gulf of Mexico, paving the way to end a
NEW ORLEANS — The Obama administration today announced that the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) will hold the
Noble Corp.’s (NE) fourth-quarter profit rose 29% as the offshore driller’s contract revenue improved. Noble has been investing billions of dollars
NEW ORLEANS (Dow Jones)–The U.S. oil-and-gas industry took another step out from the shadows of the Deepwater Horizon disaster on Wednesday when federal
HOUSTON (Dow Jones)–ConocoPhillips’s (COP) $103.2 million offer for the Keathley Canyon Block 95 was the highest bid in the first U.S. Gulf
By Ryan Tracy And Angel Gonzalez, The Wall Street Journal WASHINGTON—BP PLC on Wednesday got permission to drill its first well in the Gulf of Mexico
Hess Corp. (NYSE:HES) is planning to proceed with the $2.3 billion development of a deepwater oil and gas project in the U.S. Gulf of Mexico, using a
By Tennille Tracy, Wall Street Journal BP PLC won approval from U.S. officials Friday to look for oil at new sites in the Gulf of Mexico, the firms’s
HOUSTON -(Dow Jones)- The rate at which new deep-water permits are being approved under new rules in the U.S. Gulf of Mexico is improving, said Diamond
By Tennille Tracy, The Wall Street Journal WASHINGTON—The U.S. has decided to allow BP PLC to bid on new oil-drilling leases that go up for sale in the
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