Regulatory update. OE asked, “How will the US Coast Guard’s new rules on offshore cranes affect businesses in the Gulf?” The proposed rule’s incorporation of API’s robust industry standards will ensure that businesses are using safe and proven technologies to design…
With a relatively quiet Atlantic hurricane season under its belt so far, the US Gulf Coast states are bracing for Tropical Storm Karen, which is impacting US energy output in the Gulf of Mexico (GOM). A hurricane watch is in effect from Grand Isle…
Keppel Offshore & Marine signed a memorandum of understanding (MOU) with PEMEX Exploración y Producción (PEP) and PMI Norteamérica, S.A. de C.V. (PMI) to jointly develop, own and operate a yard facility in Mexico specializing in construction…
Apache Corporation announced it has completed the previously announced sale of its Gulf of Mexico shelf operations and properties to Fieldwood Energy LLC, a portfolio company of Riverstone Holdings, for $3.75 billion in cash (subject to customary…
CARBO Ceramics Inc. unveiled KRYPTOSPHERE™, an ultra-conductive, ultra-high strength proppant engineered to maximize and sustain hydrocarbon flow at high closure stresses for the life of the well, at the 2013 SPE Annual Technical Conference & Exhibition in New Orleans…
W&T Offshore announced that it has acquited 20% interest in the Noble Energy's Dantzler prospect in the deepwater Gulf of Mexico. The Dantzler prospect is located in Mississippi Canyon blocks 738/782 off Louisiana. Noble has begun drilling…
Oilfield service provider, Archer, has released STORMLOCK—an ISO 14310 V0-rated, gas-tight storm plug specifically designed for suspension operations in the Gulf of Mexico and other deepwater markets. STORMLOCK is being launched at Archer's…
High-quality technology and proper backing investments are keys to “[allowing] Mexico to continue as one of the main hydrocarbon producers of the world,” said Jose Antonio Escalera-Alcocer, deputy director of exploration for Pemex Exploration…
CGG announced that the Fast TraxTM TTI RTM (tilted transverse isotropy reverse time migration) processed data from its IBALT broadband, full-azimuth survey covering over 5,000sq km (221 blocks) in the Keathley Canyon area of the Gulf of Mexico (GOM) has been delivered on schedule…
Diamond Offshore Drilling Inc.'s Ocean Saratoga semisubmersible drilling rig spudded a well on Noble Energy's Tyra Bank concession off Nicaragua in mid August. The rig is under contract to Noble Energy for US$323,000/d and is expected to finish in late November…
Keppel Shipyard has been awarded two floating production storage and offloading (FPSO) conversion contracts, including one for Shell's Stone's project, worth a combined value of US$150 million (S$190 million). The first is from SBM Offshore…
A key differentiator in the proposed energy reform introduced by Mexico’s ruling party, the PRI, is its populist slant, according to a panel of speakers at a seminar hosted by law firm Mayer Brown, which explored the details of the reform…
Subsea 7 has been awarded a contract worth more than US$70 million by Stone Energy for the development of the Cardona field in the US Gulf of Mexico. The scope includes engineering, procurement, installation and commissioning of flowlines…
Noble Energy Inc. has hit 50ft of net natural gas pay in a high-quality Miocene reservoir at its Troubadour prospect in the deepwater Gulf of Mexico. The well was drilled to a total depth of 19,510ft by the ultradeepwater semisubmersible ENSCO 8501…
Houston-based Saratoga Resources Inc. provided an update on its recent Zeke development well in Breton Sound Block 32 field. Saratoga owns and operates 10 fields along transitional coastline in protected, in-bay environments off southeastern Louisiana…