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Gulf of Mexico

Americas

Infamous Jones Act plan a threat to fleet in US Gulf of Mexico

Two major reports, one for the American Petroleum Instutite, the other by the International Marine Contractors Association, warn that planned re-inforcement of the US’s infamous Jones Act by the Customs and Border Protection Agency (CBP) will damage the US Gulf of Mexico offshore oil & gas industry, especially deepwater.

Americas

Mitsui snaps up 20% of Shell assets in Gulf of Mexico

Tokyo-based Mitsui & Co has agreed to buy a 20% interest in two of Shell’s assets in the Gulf of Mexico. The Kaikias and Circius assets lie about 100 kilometres south-east of New Orleans and are thought to contain recoverable resources of 100million barrels of oil. The value of the deal was not disclosed.