Tag: gulf of mexico

Feds roll out details on Western Gulf lease sale

The Obama administration on Thursday released final details for its planned Aug. 20 sale of oil and gas drilling rights in the western Gulf of Mexico.  More »

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 »

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 »

Deep-water drillers discover creatures as well as crude (video)

Massive oil fields aren’t the only discoveries emerging from the drilling resurgence in the Gulf of Mexico.  More »

Transocean partnership files for $350M IPO

An ultra-deep-water drillship operator that spun out of Transocean Ltd. is planning to hit public markets for $350 million, the firm said Monday.  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 »

BP wins first Defense deal since feds lifted contract ban

BP has secured its first contract with the government’s military arm since the Obama Administration lifted the debarment from federal contracts in March.  More »
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