French seismic data specialist CGG has announced the delivery of the eastern phase of its GeoVerse Carbon Storage Gulf of Mexico Study and the start of the westward extension of the study. Both phases of the project, supported by industry funding…
The Biden administration's plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming…
Aker Solutions, SLB, and Subsea 7 have closed the previously proposed transaction to create a subsea joint venture.The new business, which will adopt the OneSubsea name, will drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time…
The Biden administration on Friday unveiled a plan to phase down oil and gas auctions in federal waters with the release of a long-awaited leasing schedule that includes a maximum of three sales in the Gulf of Mexico through 2029.The Interior…
The Biden administration's five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature the lowest number of auctions in the history of the program in the four years to follow, according to three sources familiar with the matter…
A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed.U.S. District Judge…
U.S.-based oil and gas company Talos Energy has completed the sale of its 49.9% interest in Talos Mexico to Zamajal, a subsidiary of Grupo Carso, a company controlled by the family of the Mexican billionaire Carlos Slim.Talos Mexico, now owned 50…
The U.S. Interior Department's Bureau of Ocean Energy Management (BOEM) said on Tuesday it will postpone its next sale of oil leases in the Gulf of Mexico.The agency said it will not hold Lease Sale 261 on September 27, 2023, as originally planned as a result of last week's ruling by the U…
German offshore wind monopile maker EEW SPC said Monday that the first eight monopiles for the Dominion Energy Coastal Virginia Offshore Wind Project in the U.S. were loaded at the Rostock quayside in Germany, and set sail for the U.S. on September 21…
The Biden administration will complete its ambitious offshore wind leasing schedule on time next year, the Interior Department told Reuters, despite delays to preparatory work for the auctions and sagging demand from the industry.President Joe…
The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental review of the proposed Coastal Virginia Offshore Wind (CVOW) commercial project.“The completion of our environmental review marks another step towards…
The last major piece of infrastructure needed to start production at Mexico's first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers.LNG developer…
The Biden administration and environmental groups on Friday said they would appeal a Louisiana federal judge's ruling that ordered an expansion of next week's sale of oil leases in the Gulf of Mexico.The U.S. Interior Department and groups including…
A federal judge in Louisiana has ordered an expansion of next week's sale of oil leases in the Gulf of Mexico, saying the Biden administration must include additional acreage, according to a court ruling issued late on Thursday.The oil and gas industry…
U.S. Gulf of Mexico-focused oil and gas company W&T Offshore said Thursday it had wrapped up the acquisition of interests in eight shallow water oil and gas producing assets from an undisclosed private seller.The offshore fields are located…