Offshore

Shell reports structural damage to West Delta facilities from Hurricane Ida

Shell reports structural damage to West Delta facilities from Hurricane Ida

World Oil


Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has conducted a comprehensive damage assessment of its West Delta-143 (WD-143) offshore facilities from Hurricane Ida that revealed significant structural damage.

Shell estimates that its WD-143 “A” platform …

September 20, 2021 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore
Source: Reuters

Shell begins redeploying personnel to platform in Gulf of Mexico

Reuters


Royal Dutch Shell Plc is beginning the redeployment of personnel to its Appomattox platform in the Gulf of Mexico while damage assessments are continuing at its West Delta-143 (WD-143) offshore facility after Hurricane Ida.

As of Wednesday, more than …

September 9, 2021 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore, People
Source: Wall Street Journal

Transocean lands $252 million contract for new ultra-deepwater drillship

World Oil


Transocean announced that BOE Exploration & Production LLC (“BOE”) awarded Transocean a $252 million firm contract for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million. Additionally, the contract provides for a …

Source: Reuters

Biden plans September restart of oil leases, per court ruling

World Oil


WASHINGTON (Bloomberg) –The Biden administration moved Tuesday to resume selling oil and gas drilling rights in the Gulf of Mexico and throughout the western U.S., after a judge ruled the president’s leasing pause was unlawful.

The Interior Department

Source: Reuters

Pemex targets restoring oil output lost to platform fire by Aug 30

Reuters


MEXICO CITY  – Mexican state oil firm Petroleos Mexicanos (Pemex) expects to resume by Aug. 30 all oil production shut down by a deadly fire on an offshore platform, the firm’s chief executive said on Tuesday.

Five workers were …

August 25, 2021 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Mexico, Offshore
Source: Reuters

One dead, five missing after Pemex offshore platform fire

Reuters


MEXICO CITY – At least one person died and five more are missing due to a fire that erupted on an offshore platform run by Petroleos Mexicanos (Pemex) in the southern Gulf of Mexico, the Mexican state oil and …

August 23, 2021 - 1:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore, People
Source: World Oil

Oceaneering wins survey contract offshore Guyana

World Oil


HOUSTON – Oceaneering International has been awarded a contract from Esso Exploration and Production Guyana Limited to provide two surveys offshore Guyana.

The contract award covers a towed and autonomous underwater vehicle (AUV) geophysical survey and a shallow …

August 10, 2021 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore
Source: World Oil

Baker Hughes to supply Chevron’s Gorgon facility with subsea compression manifold

World Oil


HOUSTON – Baker Hughes has been awarded a contract from Chevron Australia Pty Ltd to deliver subsea compression manifold technology for the Jansz-Io Compression (J-IC) Project.

Driven by Baker Hughes’ Subsea Connect early engagement approach, Baker Hughes will …

Source: Reuters

BHP approves funding for Shenzi North, Trion oil projects in Mexico

Nasdaq


Global miner BHP Group BHPB.LBHP.AX said on Friday it would spend $544 million to develop its Shenzi North oil project in the Gulf of Mexico, and approved advancing its Trion oil project in Mexico into the design …

August 6, 2021 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore
Source: Reuters

ExxonMobil makes new discovery off Guyana’s coast

Nasdaq


Exxon Mobil Corp XOM.N said on Wednesday it has made a new discovery at Longtail-3 in the Stabroek Block offshore Guyana, as the U.S. oil major develops one of the world’s most important new oil and gas blocks in …

Source: Reuters

Brazil’s offshore revival seeks to double crude output by 2030

Worldoil.com


RIO DE JANEIRO (Bloomberg) –If an energy transition is underway around the world, it hasn’t reached the streets of Ilha da Conceicao, the working-class district at the heart of Rio de Janeiro’s oil revival.

There, buses and trucks are …

Source: Reuters

Shell invests in the Whale Development in the Gulf of Mexico

Shell Invests in the Whale Development in the Gulf of Mexico Canada NewsWire …

Source: Reuters

BP, EnBW enter joint bid in Scottish offshore wind lease round

Reuters


LONDON – BP and Germany’s EnBW said on Monday they had submitted a joint bid for Scottish offshore wind acreage which could support wind projects with 2.9 gigawatts of capacity.

Crown Estate Scotland’s ScotWind wind leasing tender is its …

Source: Reuters

Big Oil’s move to offshore wind risks inflating seabed prices – Orsted

Reuters


COPENHAGEN – The world’s largest offshore wind developer Orsted ORSTED.CO is concerned that Big Oil’s eagerness to harness wind at sea could push up prices for seabed leases, making the technology less competitive, its chief executive told Reuters.

European …

Source: Reuters

Early-season Gulf of Mexico storm trims some U.S. oil production

Reuters


HOUSTON – The first storm to hit oil-producing regions of the U.S. Gulf of Mexico this year sent workers fleeing offshore oil platforms and cut some production.

A weather disturbance in the central Gulf of Mexico was expected to

June 18, 2021 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore
Source: Nasdaq

Shell plans to bid in Norway’s 1st offshore wind tender

Nasdaq


OSLO – Oil major Shell (RDSa.L) teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday.

Shell has been active in oil …

Source: Reuters

Lundin sells ‘carbon neutral’ oil to South Korea’s GS Caltex

Offshore Engineer


Lundin Energy has sold an oil cargo certified as carbon neutral at the point of production to South Korean refiner GS Caltex in the first such sale of crude from Norway’s Johan Sverdrup field, the Swedish company said …

Source: Reuters

Orsted plans $57 billion drive to be No.1 in green energy

Reuters


COPENHAGEN -Orsted, the world’s largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a global leader in green energy and fend off growing competition.

The Danish firm, which …

Source: Reuters

Kaieteur Block – Cataleya Energy Ltd. 5% farm-down to Hess Corporation

Westmount Energy release

Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF), is pleased to note the announcement by Ratio Petroleum Energy Limited Partnership (“Ratio Petroleum”) yesterday, that Hess Corporation (“Hess”) has increased its working interest (“WI”) in the Kaieteur

Source: Reuters

BP Midstream offshore pipeline volumes rise 12%, onshore levels lag in first quarter

Reuters


NEW YORK – BP Midstream Partners LP BPMP.N offshore pipeline volumes increased by 12% in the first financial quarter, but onshore oil and refined products pipeline demand lagged, company executives said on Thursday.

Overall, the amount of crude oil …

Source: CNBC

Offshore wind firm to work with researchers on recycling glass fibers to tackle blade waste

CNBC


A collaboration between academia and industry is to focus on the recycling of glass fiber products, in a move that could eventually help to reduce the waste produced by wind turbine blades.

In an announcement on Thursday, the University …

Source: Reuters

Exclusive: Brazil studies subsidizing domestic fuel with oil auction proceeds -source

Reuters


RIO DE JANEIRO – Brazil’s government is considering using some of the proceeds from an upcoming oil auction to create a fund that would protect domestic consumers from swings in fuel prices, a source with direct knowledge of the …

Talos Energy announces successful exploration results at Puma West

Talos Energy announces successful exploration results at Puma West

Oil and Gas 360


HOUSTON, April 13, 2021 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE:TALO), along with affiliates of bp plc (“bp”) and Chevron U.S.A. Inc. (“Chevron”) (collectively, the “Co-Owners”) today announced successful drilling results from the …

Source: Reuters

Total, CNOOC reach final agreements on Uganda, Tanzania projects

Reuters


PARIS – French major Total said on Monday and its partners have concluded final agreements to launch the Lake Albert resources development project in Uganda and Tanzania.

Total and partner China National Offshore Oil Corporation plan to exploit oil …

Source: Reuters

Exclusive-Samsung, Hyundai, Daewoo prepare for Petrobras oil platform tender: sources

Reuters


RIO DE JANEIRO – Three consortia including Asian shipyards are preparing to compete to build Brazilian state-controlled oil firm Petrobras’ first two in-house platforms in more than seven years, according to four people familiar with the tender.

Samsung Heavy …

January 28, 2021 - 11:00 am Closing Bell Story‎, Crude Oil News, Energy News, Offshore
Pacific Drilling to emerge from bankruptcy by year-end

Pacific Drilling to emerge from bankruptcy by year-end

Offshore Energy

Offshore drilling contractor Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reorganization by the U.S. court.

Pacific Drilling filed for Chapter 11 bankruptcy to eliminate $1.1 billion …

December 23, 2020 - 12:06 pm Offshore, Oilfield Services
Total CEO Patrick Pouyanne says The North Sea could be switched from a depleting oil and gas basin to a site for storing CO2

Total CEO Patrick Pouyanne says The North Sea could be switched from a depleting oil and gas basin to a site for storing CO2

Reuters

The North Sea could be switched from a depleting oil and gas basin to a site for storing COunder the seabed, Total CEO Patrick Pouyanne said Dec. 15.

The French oil firm is one of the partners …

December 15, 2020 - 8:09 am International, Offshore
VAALCO Announces Completion of 3-D Seismic Survey Data Acquisition Over Entire Etame Marin Block

VAALCO Announces Completion of 3-D Seismic Survey Data Acquisition Over Entire Etame Marin Block

HOUSTON, Dec. 07, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ( …

Source: Reuters

Italy’s Eni joins North Sea wind power grab with Dogger deal

Reuters


OSLO/MILAN – Italy’s Eni is buying a 20% stake in the Dogger Bank Wind Farm project from Norway’s Equinor and Britain’s SSE as it seeks to gain expertise in the sector and cut its greenhouse gas emissions 80% by …

December 4, 2020 - 12:30 pm Closing Bell Story‎, Energy News, Offshore, Renewable Energy, Wind
Source: Reuters

Trump administration encourages offshore drilling in final energy push

Reuters


NEW YORK – The U.S. Bureau of Safety and Environment Enforcement, which overseas offshore oil and gas production, said it will consider lower royalty payments for producers that invest in projects to enable existing platforms to reach their full …