About 71 percent of U.S. Gulf of Mexico oil production is offline ahead of Tropical Storm Nate, the U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) Continue Reading
Members of the U.S. House next week take up a measure on offshore drilling that advocates say checks off the wish-list for the oil and gas industry. The House Natural Continue Reading
Demand for offshore rig rental globally is starting to recover from its worst ever downturn, led by oil firms’ growing demand for harsh-environment exploration and triggering multi-billion dollar tie-ups among Continue Reading
A subsidiary of Chevron terminated a contract for a rig working in deep U.S. waters in the Gulf of Mexico nearly a year early, Transocean announced. “A subsidiary of Chevron Continue Reading
BP Plc halted production at its Thunder Horse platform in the U.S. Gulf of Mexico on Monday following a power outage, a company spokesman confirmed on Tuesday. The benchmark for Continue Reading
Seadrill Ltd ., one of the world’s largest offshore drilling companies, has filed for Chapter 11 bankruptcy protection at the Southern District Texas court as part of a plan to Continue Reading
Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going offline Continue Reading
Production Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going Continue Reading
About 5.5 percent of the U.S. Gulf of Mexico’s oil production, or 96,000 barrels of daily output, remained shut on Sunday after Hurricane Harvey made landfall in Texas more than Continue Reading
It was night, stormy, and the oil rig Transocean Winner was somewhere in the North Atlantic on 7 August 2016 when her tow-line broke. No crew members were on board. Continue Reading
