Gulf Of Mexico News

 

Mexican Energy Firms Lag Methane Emission Rules, Investigators say

Jan 27, 2023

Mexican oil and gas companies, including state giant Pemex, are lagging behind on their obligations to identify, report and mitigate methane emissions from their installations, an investigation by a group of non-profits found.Methane, a potent greenhouse gas that traps heat in the atmosphere, has emerged as a top threat to the climate. Government regulation requires oil and gas companies to identify and measure their methane emissions…

EDG Wins Topside Modification Contract for Talos Energy's Ram Powell Platform

Jan 25, 2023

Louisiana-based firm EDG has recently won a topside modification contract from Talos Energy for the Ram Powell platform in the U.S. Gulf of Mexico to accommodate the Venice and Lime Rock subsea tiebacks.EDG, which says it has executed  more than 25 subsea tiebacks over the years…

NTSB Releases Preliminary Report on Offshore Platform Helicopter Crash

Jan 17, 2023

The U.S. National Transportation Safety Board has released a preliminary report on the December 29, 2022, fatal helicopter crash near a Gulf of Mexico oil platform. One pilot and three passengers died in the incident.'On December 29, 2022, about 0834 central standard time…

Valaris Bags Drilling Contracts in Brazil, U.S. GoM, and UK North Sea

Jan 13, 2023

Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea.In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship…

U.S. Gulf of Mexico: Laborde Marine Expands Offshore Vessel Fleet

Jan 12, 2023

New Orleans-based Laborde Marine said Thursday it had acquired two 240-foot (73.15m) deepwater DP-2 offshore supply vessels from L&M Botruc Rental, Inc. and has expanded its fleet of managed vessels. The company said that SOLAS-certified Shelley…

Talos Makes Two Deepwater Discoveries Near Ram Powell Platform in Gulf of Mexico

Jan 04, 2023

U.S. oil firm Talos Energy said Tuesday that its two deepwater wells in the U.S. Gulf of Mexico had discovered commercial quantities of oil and gas during drilling operations in the fourth quarter of 2022. Talos holds a 60% working interest in the two deepwater discoveries…

Coast Guard Calls Off Search for Four Missing from Helicopter that Crashed Near Gulf of Mexico Platform

Dec 30, 2022

The Coast Guard called off its search for four passengers onboard a downed helicopter about 10 miles off the coast of Southwest Pass, Louisiana, at 6:15 p.m. Thursday.At around 8:40 a.m., Coast Guard District Eight watchstanders got a call from…

Pemex's Environmental Record Puts Funding in Jeopardy

Dec 27, 2022

Mexican state oil company Petroleos Mexicanos (Pemex) said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat. Investors…

Aquadrill, Diamond Offshore in 150-day U.S. GoM Drillship Charter with BP

Dec 16, 2022

Offshore drilling rig owner Aquadrill said Thursday it had extended a charter-hire deal with drilling firm Diamond Offshore for its Vela drillship.The Vela drillship will be provided to an end client in the U.S. Gulf of Mexico for a 150-day drilling contract as part of the extension…

CIMC Nets 3-Year Extensions for Jack-up Rig Duo in Mexico

Nov 23, 2022

China-based CIMC’s Asset Management Company has secured three-year contract extensions for two jack-up drilling rigs in Mexico.The rigs, Gulf Driller VI and Gulf Driller VIII , will continue working for the Mexican national oil company Pemex…

Talos Extends Helix Producer I Floater Charter in Gulf of Mexico

Nov 23, 2022

Oil and gas company Talos Energy has extended the contract for the Helix Producer I floating production vessel in the U.S. Gulf of Mexico. According to Helix Energy Solutions Group, the vessel owner, the contract has been extended for one year the term…

New Fortress Finalizes Deal to Develop Lakach Gas Project in Mexico Using FLNG

Nov 22, 2022

U.S.-based firm New Fortress Energy Inc. said Tuesday it had finalized agreements with Mexico’s state-owned oil company Pemex, to develop and operate an integrated upstream and natural gas liquefaction project to develop the Lakach deepwater gas field off Veracruz in Southeastern Mexico…

Pemex Sees Deepwater Lakach Gas Project Boosting Output Significantly

Nov 22, 2022

Mexican state oil company Pemex expects a key offshore natural gas field located in the deepwater Gulf of Mexico will add significant output after inking a service contract on Monday, part of a push to grow local output while reducing imports…

Mexico's Pemex Had a Plan to Fix Its Flaring Problem, but Abandoned It

Nov 07, 2022

In late 2016, to avoid racking up fines for burning too much natural gas, Mexico's state oil company Pemex struck a deal with the regulator to invest over $3 billion to fix its flaring problem at its most productive set of oil fields.But five years on…

Woodmac: Offshore CCS Could Give New Lease of Life to U.S. Gulf of Mexico

Nov 03, 2022

Offshore carbon capture and storage (CCS) projects in the US Gulf of Mexico could play an influential role in the country's goal of reducing greenhouse gas emissions, the energy intelligence group Wood Mackenzie said Thursday.According to Woodmac…

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