Murphy Oil to buy Gulf assets for up to £1.2bn from LLOG
Murphy Oil said Tuesday it will pay up to £1.2 billion to acquire a package of deepwater Gulf of Mexico assets from Louisiana-based LLOG Exploration.
Gulf of Mexico
Chevron to acquire Anadarko in £38.2bn deal
Chevron has announced plans to buy fellow US oil and gas operator Anadarko Petroleum in a deal worth £38.2bn, the largest upstream takeover since 2015.
Shell to sell stake in Gulf of Mexico asset for £738million
Shell has announced it will sell its interest in an offshore field in the US Gulf of Mexico for £738million.
BHP mulls bid for Blackstone-backed Bluewater
BHP Group is among the potential bidders for Blackstone Group LP and LLOG Exploration Co.’s oil-exploration joint venture Bluewater, according to people with knowledge of the matter.
As energy world focuses on Permian, Gulf makes its own comeback
The attention of the energy industry has focused in recent years on the Permian Basin, the once tired West Texas oil field that roared back to life when hydraulic fracturing and horizontal drilling freed the vast reserves locked in its shale. But as the Permian gathers the attention, another aging oil field is making its own comeback.
‘Complacency and fatigue’ contributed to death on offshore drillship
Investigators have found “complacency and fatigue”contributed to the death of an offshore worker in the Gulf of Mexico.
BP announces £1bn expansion for Gulf of Mexico project
BP has announced a £1billion expansion of its Atlantis development in the Gulf of Mexico amid the discovery of huge additional oil reserves.
Chevron announces first oil from Big Foot deepwater project in Gulf of Mexico
Oil giant Chevron's Big Foot deepwater project in the U.S. side of the Gulf of Mexico has started crude oil and natural gas production.
BP announces early start-up of Thunder Horse expansion
BP has announced the start-up of its Thunder Horse Northwest Expansion in the Gulf of Mexico, four months ahead of schedule.
89 platforms evacuated as Gulf of Mexico prepares for Hurricane Michael
A total of 89 oil and gas platforms have been evacuated in the Gulf of Mexico due to Hurricane Michael.
Shell ‘in talks’ to sell $1.3bn in Gulf Coast assets
Royal Dutch Shell Plc, shedding assets to pay for its takeover of BG Group Plc, is in talks to sell its interest in a Gulf of Mexico oilfield to Focus Oil, according to people familiar with the matter.
Oil trades near $70 as storm threat weighed against OPEC output
Oil traded near $70 a barrel as investors assessed the threat to U.S. production from a storm that is forecast to strike the Gulf Coast as well as rising OPEC crude output.
Gulf of Mexico lease sale generates $178m
A federal lease sale in the Gulf of Mexico Wednesday generated $178 million in winning bids, raising expectations that drillers' confidence in the region is rising.
Gulf of Mexico rigs get ready for hurricane season’s worst
Bob Old had just started flying for oil and gas companies when, in October 1985, he guided his helicopter to a rig in the Gulf of Mexico to evacuate workers in advance of an approaching storm.
Houston firm Gate to commission Vito for Shell
Houston firm Gate Energy has won the commissioning contract for Shell's Vito development in the Gulf of Mexico.
Subsea 7 gets the nod for Shell’s Vito project
Oil field service giant Subsea 7 will build and install a range of infrastructure for Shell's Vito development in the Gulf of Mexico.
Aberdeen firm invests £750,000 in new Houston office
An Aberdeen-based energy services firm has opened a new office in Houston to meet growing demand in the US.
Shell starts production from Gulf of Mexico development a year early
Shell has announced that it has started production for the first phase of its Gulf of Mexico Kaikias project a year ahead of schedule.
Talos Energy aiming for first oil from Zama in 2022
Talos Energy is targeting first oil from the 1 billion barrel Zama discovery off Mexico in 2022.
Top offshore regulator says ‘renewal of optimism’ in Gulf of Mexico
The top U.S. offshore safety official said drilling activity -- at least the way the Trump administration defines it -- is increasing in the Gulf of Mexico, in part the result of a "renewal of optimism" following the president's push to roll back regulation.
Shell picks Sembcorp to build Vito platform
Sembcorp Marine today confirmed it would build the floating production unit for Shell's Vito field in the US Gulf of Mexico.
OEG appoints senior vice president for Gulf of Mexico
Aberdeen-headquartered OEG Offshore has appointed a senior vice president to take over its business in the Gulf of Mexico.
Shell goes ahead with 300million barrel Vito project
Shell said yesterday that it had taken a final investment decision on the 300million barrel Vito project in the US Gulf of Mexico.
DeepOcean takes over Delta SubSea to boost Gulf of Mexico operations
Dutch subsea firm DeepOcean has taken over Texas-based Delta SubSea, for an undisclosed fee.
US says no on lowering offshore deepwater royalty rate
The federal royalty rate for offshore oil and gas production from the deepwater Gulf of Mexico will not be reduced, Interior Secretary Ryan Zinke has said.