Tag: offshore

Oil & gas industry standards could be beneficial, but obstacles abound

Standards sound great, but I see obstacles to their adoption. I’ll outline those this week, and, since no one likes people who complain about problems but never offer any solutions, I’ll share some thoughts on how to overcome these issues.  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 »

Oil firms reach for subsea standards to cut costs, FMC CEO says

The next generation of tools designed to help energy companies process oil and gas deep under the oceans could follow uniform industry designs, FMC Technologies CEO John Gremp said.  More »

Feds settle Gulf pollution case

A Houston oil and gas company must pay to settle government charges alleging it illegally dumped oil and chemicals into the Gulf of Mexico.  More »

Statoil announces Tanzania gas discovery

The Norwegian energy company has had a presence in Tanzania since 2007.  More »

GE to buy helicopter fleet for $1.8 billion

General Electric said it will use the helicopters to transport drilling rig crews to offshore platforms.  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 »

Shell begins production from its first deepwater Malaysia project

The project could eventually lead to peak production of 135,000 barrels of oil per day for a joint venture including ConocoPhillips and Shell.  More »

Audit: Offshore drilling permit reviews are inconsistent

he federal agency in charge of regulating offshore drilling doesn’t have standardized procedures for reviewing permits and has not finished establishing an electronic program designed to streamline the process, according to government audit.  More »

Noble Energy plans Falkland Islands exploration wells

Noble Energy will resume exploration drilling in the Falkland Islands next year, the company announced Wednesday, following evaluation of seismic imaging over its 10 million acres off the cost of the islands east of Argentina.  More »

Study: East Coast states could cash in on offshore drilling

North Carolina, South Carolina and Virginia could rake in billions if the Interior Department opens up auctions on leases along the Atlantic Coast, according to the study.  More »

Chevron draining natural gas after worker death

Authorities said that a Chevron Corp. subsidiary was still releasing natural gas Sunday from a pipeline off the Louisiana coast where a Saturday incident killed a maintenance worker.  More »
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