U.S. Offshore
News
September 04, 2024
Helix will provide an increased minimum number of days annually with the Q5000 riser-based well intervention vessel, Intervention Riser Systems (IRSs), remotely operated vehicles (ROVs), and project management and engineering services to cover fully integrated operations from production enhancement to plug and abandonment well services.
News
September 03, 2024
Chevron Corporation started water injection operations at two of its offshore projects to boost oil and gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico.
News
August 20, 2024
Engineering work for the Kaskida FPU has already begun, with Audubon designing the topside and EXMAR Offshore designing the hull.
News
August 16, 2024
Subsea7 has secured a contract in the U.S. Gulf of Mexico for an offshore project involving the installation of critical subsea infrastructure.
News
August 14, 2024
Shell has approved a final investment decision for a waterflood project at its Vito asset in the Gulf of Mexico. The project involves injecting water into the reservoir to increase oil extraction and is set to begin in 2027.
News
August 14, 2024
Petroleos Mexicanos has reached a deal with an oilfield-services provider to drill in the Gulf of Mexico as the heavily indebted state energy company turns to the private sector to boost crude production.
News
August 12, 2024
Anchor production marks the successful delivery of high-pressure technology that is rated to safely operate at up to 20,000 psi, with reservoir depths reaching 34,000 ft below sea level.
News
August 08, 2024
Recently, Talos agreed to acquire a 21.4% W.I. in Monument, a large Wilcox oil and gas discovery located in Walker Ridge blocks 271, 272, 315, and 316, for $32 million. Monument will be developed as a subsea tie-back to the Shenandoah production facility in Walker Ridge. The Monument discovery is post-FID with appraised proved plus probable gross reserves of approximately 115 MMboe.
News
August 08, 2024
The newbuild FSO, based on a Suezmax-type hull, will be equipped with a Disconnectable Turret Mooring (“DTM”) system designed by SBM Offshore. The FSO will be moored in water depth of about 2,500 m and will be able to store around 950,000 bbl of crude oil.
News
August 06, 2024
The investments add to a buying spree this year for the Slim family, which continues to pour money into bets on oil exploration, production and refining both at home and across the Gulf of Mexico in the U.S.
News
July 31, 2024
Transocean Ltd. announced a 1,095-day contract for the Deepwater Invictus with bp in the U.S. Gulf of Mexico. The program is expected to commence in the first quarter of 2025 and is estimated to contribute approximately $531 million in backlog.
News
July 30, 2024
Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 bopd from six wells in the first phase. Production is expected to start in 2029.
News
July 17, 2024
LLOG Exploration Company has acquired 41 blocks of offshore acreage encompassing approximately 236,000 acres in the East Breaks and Alaminos Canyon area of the deepwater GOM.
News
July 03, 2024
The first phase of the development, with five wells in total, is expected to deliver around 100 MMboe with upside from subsequent phases. The Winterfell unit consists of Green Canyon blocks 899, 900, 943, 944, 987 and 988 with follow-on opportunities in adjacent blocks where Kosmos also has an interest.
News
June 27, 2024
The Nikaitchuq and Oooguruk oil fields lie offshore Alaska in the Beaufort Sea. Eni acquired 100% of the Oooguruk field in 2019. The field has been producing since 2008. Additionally, Nikaitchuq has been producing since 2011. Together, the fields produce roughly 22,000 bpd.
News
June 26, 2024
Transocean Ltd. announced a 365-day contract extension for the Deepwater Asgard with an independent operator offshore the U.S. in the Gulf of Mexico. The program is expected to commence in direct continuation of the rig’s current program and is estimated to contribute approximately $188 million in backlog, including additional services.
News
June 19, 2024
The Gulf Energy Alliance (GEA) joined the States of Louisiana, Texas, and Mississippi in a legal challenge to the Department of Interior’s (DOI) Bureau of Ocean Energy Management’s (BOEM) decommissioning rule imposing unnecessary and burdensome financial requirements targeting independent offshore oil and natural gas producers.
News
June 17, 2024
Texas, Louisiana, and Mississippi have sued the U.S. government to block a proposed rule by the Biden administration that would require offshore oil and gas companies to provide nearly $7 billion in financial assurances for decommissioning old infrastructure.
News
June 11, 2024
‘Logging While Drilling’ (LWD) and wireline logging data have indicated that several oil-and-gas-bearing sandstones have been encountered within the targeted Middle Miocene turbidite sequences.
News
June 05, 2024
The Kaskida project is a greenfield development 250 miles southwest of New Orleans, in the Keathley Canyon area of the Gulf of Mexico. Comprising a single topside module supported by a four-column semi-submersible hull, the Kaskida FPU is supported by subsea production wells located in a water depth of approximately 6,000 ft.
News
May 22, 2024
The first phase of decommissioning commenced in February, with Elemental Energies providing well management services from its Houston office for the plugging and abandonment of wells in the Matagorda Island area, offshore Texas.
