Gulf Of Mexico News


Learning to be lean in the subsea sector

May 01, 2016

John Bradbury speaks with ExxonMobil’s Marilyn Tears ahead of her presentation at this year’s Underwater Technology Conference in Bergen, Norway. Tears. Marilyn Tears has already…

Ready for prime time

May 01, 2016

Kory Kinney, of IHS, takes a look at some of the projects underway in the US Gulf of Mexico.   As we move through 2016, construction activity in the US Gulf of Mexico has begun dwindling…

A new lease on life

May 01, 2016

Scrap or refurbish and reuse? It’s a question being asked on the UK Continental Shelf. Elaine Maslin reports. Pipe, ready for reuse. Staff photo.  At a recent conference in Aberdeen…

It’s all about the boost

May 01, 2016

Subsea boosting is coming under the spotlight, despite and also because of the current low oil price environment. Elaine Maslin reports from Subsea Expo and Subsea Valley. Omnirise ECM Subsea Boosting Pump System…

Conoco cuts deepwater GOM drilling plans

Apr 29, 2016

ConocoPhillips said its participation in the non-operated Gibson will be its last deepwater exploration well in the Gulf of Mexico, as it looks to cut its spending.  The firm, which announced a plan to reduce deepwater Gulf of Mexico activity last year…

Ivar Aasen topsides sailaway due early June

Apr 29, 2016

Key activities for the Ivar Aasen project are progressing according to plan and budget with first oil scheduled for Q4 2016, Det Norske said this morning. Topside construction at SMOE's yard in Singapore is now 98% complete, with sail-away from Singapore scheduled for the first week of June…

McDermott completes Otis tieback in GoM

Apr 28, 2016

McDermott International has successfully completed the installation scope associated with the Otis development in the Gulf of Mexico on behalf of LLOG Exploration Offshore. Image of Delta House…

Hess takes loss, drops 34% in revenue

Apr 27, 2016

Hess Corp. recorded a US$509 million loss in Q1, in addition to a 34% drop in its revenue. Image from Hess. The loss is much wider than the Q1 2015 loss of $389 million. The decrease…

Byron to deepen SM71-1

Apr 27, 2016

Byron Energy will further its efforts at the SM71-1 well in the Gulf of Mexico after encountering the presence of oil in three intervals, according to partner Otto Energy. A quad combo porosity logging run has been acquired and 7 5/8in…

Petrobras extends BW Pioneer contract

Apr 25, 2016

Petrobras has exercised an option to extend the fixed term of the lease contract for the floating production, storage and offloading (FPSO) vessel the BW Pioneer from Q1 2017 to Q1 2020. The FPSO BW Pioneer started work on the Cascade…

Byron hits at GoM SM 71 well

Apr 20, 2016

Byron Energy has encountered three discrete hydrocarbon bearing intervals at its latest exploration development in the South Marsh Island block in the Gulf of Mexico. Hercules 205 jackup, from Hercules…

ExxonMobil starts up US$4 billion Julia project

Apr 19, 2016

ExxonMobil has started oil production at its US$4 billion Julia oil field in the Gulf of Mexico with the first production well currently online, and a second well set to start production in the coming weeks, the supermajor announced. Image…

Seadrill to cut 112 jobs in Houston

Apr 18, 2016

Seadrill is cutting 112 Houston jobs that support the West Capricorn drilling rig in the Gulf of Mexico, effective 1 May. Image of the West Capricorn, from the Seadrill West Capricorn Facebook page…

Cox Oil buys 70 GoM Chevron platforms

Apr 18, 2016

Cox Oil Offshore has acquired a number of assets in the Gulf of Mexico from Chevron. The acquisition includes 19 fields and associated assets primarily on the Gulf of Mexico Outer Continental Shelf and in Louisiana state waters. “Today’s…

Noble inks Shell extension, stacks one semisub

Apr 15, 2016

Noble Corp.’s fleet report has revealed a two-year extension with supermajor Shell, dayrate adjustments, and the addition of another semisubmersible drilling rig to the cold stack list. The Noble Globetrotter I…

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