U.S. Offshore

News
May 12, 2022
The Interior Department said it “will not move forward” with two Gulf lease auctions that were planned under former President Barack Obama “as a result of delays due to factors including conflicting court rulings."

News
May 11, 2022
Energy Workforce & Technology Council honored Congressman Kevin Brady (R-TX-08) with the "Champion of American Energy" award during a lunch in Washington, D.C., for his relentless and uncompromising commitment to the oilfield services industry and the domestic energy sector.

News
May 05, 2022
Wednesday, the Senate approved language calling for Senate negotiators to support the issuance of a new Five Year Program for offshore oil and gas leasing as soon as possible and that the new program should include at least two area-wide lease sales per year.

News
May 03, 2022
Major operator bp expects its properties in the U.S. Gulf of Mexico to remain a key part of its portfolio over the next decade, even as other upstream operations are discarded in the transition to alternative energy forms.

News
May 02, 2022
A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than ever.

News
April 12, 2022
Murphy Oil Corp. has begun producing oil from a new deepwater Gulf of Mexico project, months ahead of schedule.

News
April 08, 2022
The difference in business models of shale wells and offshore projects explains why it’s so difficult for oil giants such as Shell to quickly ramp up production when geopolitical disruptions like Russia’s war in Ukraine upend markets.

News
April 07, 2022
Much like the past, the American oil and gas industry is rising to meet the moment with increased LNG cargoes moving to Europe and others in need. But unlike the past, a politics-first and always vocal wing of Congress is demonizing our sector, API CEO Mike Sommers said.

News
March 29, 2022
The Biden administration doesn’t anticipate selling offshore drilling rights in the Gulf of Mexico through at least October 2023, effectively stretching a delay in that activity to a third year, according to economic projections included in its newly released budget proposal.

News
March 29, 2022
Shell Offshore Inc. announced the start of production at PowerNap, a subsea development in the U.S. Gulf of Mexico with an estimated peak production of 20,000 barrels of oil equivalent per day.

News
March 25, 2022
The U.S. and the European Union will push to boost supplies of LNG to European countries by the end of 2022 in a bid to begin to displace some Russian gas, a political framework that now leaves companies to sort out the details.

News
March 21, 2022
Companies will need to reveal detailed information about their greenhouse gas pollution under a new U.S. Securities and Exchange Commission plan, portending a major shift in how corporations must show they are dealing with climate change.

News
March 10, 2022
U.S. Energy Secretary Jennifer Granholm discussed a strategy to expedite the energy transition and ensure global energy security at the CERAWeek by S&P Global energy conference.

News
March 09, 2022
It is high time that the U.S. forges a new energy policy, based on facts and common sense, says Gulf Energy Information President John Royall.

News
March 04, 2022
Russian President Putin’s unprovoked invasion of Ukraine brings to the forefront the need to maximize U.S. domestic energy resources, the CEO of the Energy Workforce & Technology Council said.

News
March 02, 2022
The CEO of the Energy Workforce & Technology Council, said she agrees with President Biden and the need to optimize reliance on domestic resources, but that must also include energy resources.

News
February 09, 2022
The U.S. oil market is flashing ever more signs of tightness and supplies can barely keep up with a scorching surge in fuel demand.

News
January 28, 2022
The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of Mexico was canceled by a U.S. judge who ordered regulators to take a harder look at the impact on climate change.
News
January 10, 2022
Employment in the U.S. oilfield services and equipment sector rose by an estimated 7,450 jobs in December, despite the slow hiring in overall U.S. jobs, according to preliminary data from the Bureau of Labor Statistics and analysis by the Energy Workforce & Technology Council.
News
January 06, 2022
A rally in oil prices lifted U.S. energy stocks to the highest since the pandemic emerged more than two years ago.
News
January 03, 2022
TGS and WesternGeco announced the continuation of their ultra-long offset ocean-bottom node acquisition in Green Canyon, U.S. Gulf of Mexico. Data processing and imaging are by WesternGeco.