Category: Gulf of Mexico

Mexico opens bidding for outsider oil exploration

Mexico nationalized its oil industry in 1938. Prior to this year’s reforms, the state company Petroleos Mexicanos was the only one allowed to do oil exploration and production.  More »

Lawsuit filed in deadly offshore explosion

Separate lawsuits say the companies did not ensure equipment was cleared of all flammable materials and gases.  More »

Ex-BP executive fighting Gulf oil spill charges

Among the defense arguments are: one count is unconstitutionally vague; the congressional subcommittee investigation that Rainey is accused of obstructing had not been properly authorized; and one of the charges takes Rainey’s statements about the flow rate from the well out of context.  More »

Companies announce first oil from deep-water Gulf fields

Oil has begun flowing at the Jack/St. Malo project in the deep-water Gulf of Mexico.  More »

Dead offshore worker described as family man and supervisor

Louisiana officials have identified the man who died in a Nov. 20 explosion at an oil platform in the Gulf of Mexico.  More »

Fatal explosion came during maintenance work

The fatal explosion came nearly six months after federal drilling regulators warned that the facility had failed to maintain all equipment in a safe condition so as to ensure the protection of the lease and associated facilities.  More »

Feds probe fatal offshore blast

Federal investigators are on the scene of a oil platform in the Gulf of Mexico that exploded on Thursday, killing one person and injuring three others.  More »

Hess, Chevron see first oil flow at Tubular Bells

Hess Corp.’s quest to harvest crude from its Tubular Bells field in deep Gulf of Mexico waters has culminated in oil now flowing at a massive production facility 45 miles from shore.  More »

Shell Midstream surges in early trading

Shell’s midstream initial public offering took flight early Wednesday, gaining more than 40 percent shortly after trading started.  More »

Hess announces plans to proceed with $6 billion Gulf project

The announcement comes at a time when many observers have questioned what sliding oil prices will mean for the future of the oil industry.  More »

Key testimony in BP oil spill ruling wasn’t excluded, DOJ says

That evidence played prominently in the judge’s finding that BP, owner of the Macondo well, was grossly negligent, a ruling that raises the stakes for the oil major  More »

Chevron, BP make oil discovery in Gulf of Mexico

Chevron and BP report an oil discovery in one of the deepest regions the industry has taken on in the Gulf of Mexico.  More »

University of Texas wins $58 million to study methane source in Gulf

The Department of Energy grant will allow UT to harvest the potential source of energy for the first time.  More »

Chevron drillship arrives deep in the Gulf of Mexico

The Pacific Sharav, built to Chevron’s specifications, will work in the Keathley Canyon under a five-year contract with Pacific Drilling, a Houston-based ultra-deepwater drilling contractor.  More »

OneSubsea gets $270 million for Pemex’s first deepwater subsea field

OneSubsea announced Monday that it won a $270 million contract to develop a subsea production system for Pemex that will serve the first deepwater subsea field developed by Pemex, Mexico’s national oil company.  More »
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