Ineos makes third major US investment in three years with deepwater purchase
Ineos Energy has acquired the Gulf of Mexico business held by CNOOC Energy Holdings USA, the company’s third major US investment in the past three years.
Gulf of Mexico
Tropical Storm Francine disrupts Gulf Coast oil, gas output
ropical Storm Francine forced some oil drillers to halt production and evacuate crews as it barreled through the Gulf of Mexico, and was expected to strengthen to a Category 2 hurricane as it heads toward the coast of Louisiana.
Another death on an offshore oil rig. Yet again, it’s Pemex.
Pemex’ safety and environmental track record is among the worst that I have encountered in my almost 35 years of writing about energy.
One dead, several injured after fire on Gulf of Mexico oil platform
At least one person has been killed and several others are injured after a fire broke out on an oil platform in the Gulf of Mexico.
Pemex platform fire leaves two dead, one missing
Two people died and one remains missing after an explosion and fire at a Petroleos Mexicanos (Pemex) natural gas platform in the Gulf of Mexico early Friday, the company said.
Decommissioning: The Gulf of Mexico’s $30bn unplugged oil well problem
In the US waters of the Gulf of Mexico alone, there are 14,000 unplugged, non-producing offshore oil wells, according to a new study, which could cost $30bn to decommission.
Wood offloads offshore labour supply operations in Gulf of Mexico
Aberdeen-headquartered Wood (LON: WG) has finalised the sale of its offshore labour supply operations in the Gulf of Mexico.
Shell fires up Vito, with Whale to follow
Where Vito has led, Shell’s Whale will follow. The company reached FID on Whale in 2021 and it is due to begin producing in 2024.
Remains found of four workers in oil rig helicopter crash
The remains have been recovered of four workers who died in an oil rig helicopter crash last week.
Transocean unveils UK deals as part of $488m awards
Transocean (NYSE: RIG) has unveiled a pair of UK North Sea contract wins as part of a clutch of global awards worth $488m.
Four missing as US Coast Guard calls off search for downed helicopter
The US Coast Guard suspended its search for four passengers on a downed helicopter on December 29.
Transocean takes eight-gen Titan for Chevron work
Transocean ordered the two drillships in February 2014, agreeing to pay $540 million for each of the vessels. Sembcorp said it would deliver the rigs in 2017 and 2018.
Oil rises as China loosens travel rules, US battles winter freeze
Oil rose as China took more steps to unwind its Covid Zero policy and freezing weather across the US prompted refinery closures in the vital Texas Gulf Coast area.
Video: Oil rig rescue as helicopter ditches in Gulf of Mexico
The US Coast Guard has released images of a rescue of a trio of workers after a helicopter ditched in the Gulf of Mexico after attempting to land on an oil rig.
BP assessing opportunities in North Sea and beyond amid supply chain constraints
The top finance boss at BP (LON: BP) said the firm is assessing the best oil and gas opportunities in its global portfolio for next year, but said the firm “won’t ramp up” without a secure supply chain.
Aberdeen-headquartered TEMS International lands trio of deals worth $1m
TEMS International, of Aberdeen, has bagged a clutch of contracts as part of a Gulf of Mexico growth drive.
Diamond Offshore drillship pictured riding the lightning
Diamond Offshore has shared a dramatic image of an intense lightning strike near one of its drillships in the Gulf of Mexico.
Oil outages in Gulf of Mexico are straining an already tight market
Six oil and gas fields in the Gulf of Mexico have been shut after a leak at a Louisiana booster station halted two pipelines in the region.
Transocean seals contracts worth over $1bn, expects offshore drilling recovery to continue
Offshore drilling giant Transocean (NYSE: RIG) has announced two new contract wins totalling more than $1 billion.
Worley lands wide-ranging services contract on Shell platforms in Gulf of Mexico
Worley (ASX: WOR) has landed a services contract for a clutch of Shell platforms in the Gulf of Mexico.
Shell buys into Total-spurned Gulf of Mexico project with Equinor
Shell is buying a 51% stake in the North Platte development, in the US Gulf of Mexico, from Equinor, the Norwegian company has revealed.
Ballymore: Chevron sanctions $1.6 billion Gulf of Mexico project
Chevron has sanctioned the Ballymore development, a 150 million-barrel oil field in the US Gulf of Mexico.
Petrofac lands ‘sizeable decommissioning’ contract offshore Gulf of Mexico
Energy services giant Petrofac (LON: PFC) and Promethean Decommissioning Company (PDC) have formed an alliance to decommission three fields offshore Gulf of Mexico.
Gulf of Mexico oil drilling makes too-little, too-late comeback
A new wave of oil platforms is sweeping into the US Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than ever.
US natural gas surges to 13-year high on global supply crunch
US natural gas prices surged to a 13-year high as robust demand tests drillers’ ability to expand supplies.