Category: Gulf of Mexico

Shell announces new Gulf of Mexico discovery

Shell Oil Co. today announced an offshore discovery in the Gulf of Mexico it believes contains 100 million barrels of oil equivalent.  More »

Technology lets producers move jobs from platforms to land

Shell and other offshore players to move a growing number of jobs historically performed at sea onto land.  More »

Gulf dead zone should be smaller than 2013, tied to ethanol production

The annual Gulf of Mexico dead zone — which scientists tie to Midwest agriculture including ethanol production — is expected to be slightly smaller than last year but still around 5,000 square miles.  More »

Drillers: BP can’t escape liabilities by blaming feds for moratorium

Plaintiffs’ attorneys say BP can’t dismiss lawsuits from drillers and oil-field service companies by arguing it was the federal government’s fault they lost money during the Gulf of Mexico drilling moratorium in 2010.  More »

BP seeks return of millions in oil spill damage payments

BP want back millions of dollars in oil spill claims payments it says were “erroneous.”  More »

GE to design, build new generation of blowout preventers

Danish rig contractor Maersk Drilling is turning to GE engineers in Houston to build a new generation of deep-water blowout preventers designed to handle the highest reservoir pressures the industry has ever tackled.  More »

Video: Onboard the Maersk Developer

Take a look at operations on the Maersk Developer as it drills an exploratory well for Statoil in the Gulf of Mexico.  More »

Photos: At sea with Shell and the landmark Mars B project

Shell Oil Company has touted the project, expected to produce more than 100,000 barrels of oil a day at its peak, as one of its most important startups this year.  More »

Bizarre sea creature caught on Gulf rig camera (video)

Scientists believe they have identified the strange creature spotted on footage from an underwater oil rig camera in the Gulf of Mexico.  More »

Noble Energy acquires interest in BP Gulf of Mexico leases

Noble Energy Inc. acquired 50 percent of BP’s interest in 17 Gulf of Mexico leases, it announced Monday.  More »

Statoil’s big bet: Aboard the Maersk Developer (photos)

Statoil raised eyebrows when it won the rights to a Gulf of Mexico tract in a 2012 auction by pledging $157 million — more than five times higher than the nearest competitor. Two years later, the Norwegian oil giant has high hopes for the Martin project.  More »

Feds take first step toward new oil auctions

The Obama administration on Friday took the first step toward new offshore drilling sales three years from now, inviting the public to weigh in on what coastal acreage should be opened for oil and gas exploration.  More »
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