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Shell and other offshore players to move a growing number of jobs historically performed at sea onto land.
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.
BP said Monday it began pumping crude from a new well at one of its four major deep-water hubs in the Gulf of Mexico last week, the second major startup in U.S. offshore region this year.
Royal Dutch Shell said Tuesday it had started production from its Olympus platform, the first of several new platforms expected to push oil production in the Gulf of Mexico to a record level by 2016.
Shell’s massive Olympus production platform has reached its destination in the deep-water Gulf of Mexico, ending an 18,000-mile journey that began last year in South Korea.
The first wave of oil platforms since business went on hold in the Gulf of Mexico following the BP oil spill in 2010 are under construction on its shores as technological breakthroughs allow geologists and engineers to find and reach large oil reserves in previously mysterious regions deep under water and deeper under rock.
Royal Dutch Shell is showing off its new Olympus platform, docked near Corpus Christi for final preparations before it sails for the Mars B project in the Gulf.
The 10 million-pound drilling rig for Shell’s Olympus oil platform will begin a four-day voyage along the Texas coast on Thursday to be joined with its massive hull. See photos of the record-setting platform’s construction and journey across the ocean.
The hull of Royal Dutch Shell’s Olympus offshore platform traveled 18,000 miles from South Korea. It arrived Saturday at a Texas port where it will be assembled before it sails to its final location in the Gulf of Mexico.
Shell Oil Co. President Marvin Odum, shown here at the Shell Houston Open, talks to us about the oil major’s outlook in the Gulf of Mexico and the costs of the drilling moratorium. (Photo: Johnny Hanson/Houston Chronicle)