Oil major BP has informed that its Argos oil platform, built by Samsung Heavy Industry, has set sail from South Korea and is en route to Texas.The platform, which will be capable of producing up to 140,000 gross barrels of crude oil per day from up to 14 production wells…
Japanese oil firm Inpex has increased its share in Lucius and Hadrian North fields in the U.S. Gulf of Mexico.The company on Tuesday said it had acquired 2.3546% interest of the participating interest (23.29512%) in the Lucius and Hadrian North fields previously held by ExxonMobil…
U.S. oilfield services provider Danos has said it has been awarded a multi-year contract for production operations with an unnamed major oil and gas producer in the Gulf of Mexico. 'As a result, Danos has transitioned 107 personnel to the company’s…
C-Innovation, LLC (C-I), an affiliate of U.S. offshore vessel operator Edison Chouest Offshore, has secured a one-year contract extension with BP for Riserless Light Well Intervention (RLWI) in the Gulf of Mexico.The Island Venture vessel and…
BP's giant Argos offshore platform, to be used for the Mad Dog 2 development in the Gulf of Mexico, was this week loaded on Boskalis' BOKA Vanguard vessel in South Korea and is preparing set sail for the U.S.According to Boskalis, the Dutch marine services contractor…
Republican senators from oil-producing states introduced legislation on Thursday that would block the Biden administration's order pausing new oil and gas leasing on federal lands.The bill, introduced by Senator Bill Cassidy of Louisiana and 24 other senators…
Two Fieldwood Energy LLC oil workers face federal criminal charges for allegedly separately allowing crude oil spills from offshore U.S. Gulf of Mexico platforms to avoid required shutdowns.The two were indicted Tuesday for spills in 2015 and 2018…
Beacon Offshore Energy has made an oil discovery at the Winterfell offshore well in the U.S. Gulf of Mexico, Kosmos Energy, a partner in the project has informed.Kosmos, which owns a 17.5% interest in the project said that the Winterfell infrastructure…
Mexico's energy ministry has approved a 60-day extension for talks between state oil company Pemex and a private consortium led by U.S.-based Talos Energy Inc over the future of a massive shared crude deposit, Talos chief executive Tim Duncan told Reuters on Tuesday…
Schlumberger's OneSubsea has ordered 'the first-ever' 20,000 psi-rated subsea hydraulic junction plates and associated connection hardware from Oceaneering, for deployment at Chevron's Anchor development in the U.S. Gulf of Mexico.The hardware is destined for the first-ever 20…
Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.In an update ahead of its fourth-quarter results on February 4…
Oceaneering has been awarded a connector supply contract from TechnipFMC to provide 2-inch M5 Connectors and Chemical Throttle Valves (CTV) for Murphy Oil's Khaleesi/Mormont and Samurai tieback project in the U.S. Gulf of Mexico (GoM).Oceaneering…
Following a record-breaking hurricane season in the U.S. Gulf of Mexico, with several production shut-downs across the region, oil and gas firm W&T Offshore on Tuesday increased its oil output forecast for the fourth quarter of 2020.The company…
U.S. crude oil production rose 286,000 barrels per day in September to 10.86 million bpd, as production increased in North Dakota and in offshore waters in the U.S. Gulf of Mexico.Oil production rose 61,000 bpd in North Dakota and 315,000 bpd in the offshore Gulf of Mexico…
The U.S. administration last week held a region-wide Gulf of Mexico oil and gas exploration lease sale, in what was the last sale under the Trump administration, and potentially one of the last lease sales overall, as the new President-elect…