Gulf Of Mexico News


Colloquy: Changes loom in Mexico

May 14, 2013

COLLOQUY: Editor's Column The structure of the Mexican oil industry is on the verge of change, driven by a need to increase revenues and build reserves. The consensus is that Mexican fields are aging, production is declining, and although…

Exxon OKs $4B GOM project

May 08, 2013

ExxonMobil and 50/50 partner Statoil will commence development on the Julia oil field in the US Gulf of Mexico, the companies announced on 7 May 2013. The project's capital costs could total more than US$4 billion. “The development of…

OTC.13: Focus on abandonment issues

May 06, 2013

Rigless abandonment of wells and use of downhole communications will be future trends, according to an OTC paper on well plugging and abandonment. Praful Desai, presenting for Schlumberger, outlined the large number of ageing and non producing wells globally…

Quickflange, Integra strike partnership

May 06, 2013

Announcement Confirms Continued Growth of Quickflange’s Cold-Based Pipe Connection Solutions Onshore and in Gulf of Mexico Quickflange AS, one of the industry’s leading providers of high performance pipe connection systems, has appointed…

OTC.13: Mexico growth for Swire Oilfield Services

May 06, 2013

Swire Oilfield Services, LLC, the world's largest supplier of specialized offshore cargo carrying units to the global energy industry and leading supplier of modular systems, offshore aviation services and fluid management, will exhibit at the Offshore Technology Conference (OTC) in Houston…

OTC.13: Tata showcases pipeline solutions

May 06, 2013

Tata Steel will demonstrate its ability to deliver pipeline solutions to some of the world’s most challenging and complex projects at this year’s Offshore Technology Conference (OTC) in Houston May 6-9 2013.  As global demand for key…

Petrobras sells Gila stake

May 03, 2013

Brazil's state-owned oil and gas company Petrobras will sell its 20% stake in BP's Gila prospect in the US Gulf of Mexico, the company announced on 29 April 2013. Petrobras signed a Sale and Purchase Agreement (SPA) for its stake in exploratory blocks KC 49…

Hurricane Season Outlook for 2013

May 02, 2013

The first section of this article will review the active, and quite unique, North Atlantic hurricane season of 2012.  The remainder of the article will detail the North Atlantic basin tropical forecast for 2013.  The forecast will examine…

API: Industry makes strides offshore

May 02, 2013

Operators, contractors and regulators are working in close cooperation to maintain continuous improvement in offshore safety, Center for Offshore Safety Executive Director Charlie Williams told reporters this morning. He said the Offshore…

Norway celebrates 40 years at OTC.13

May 01, 2013

Norwegian innovation in the oil and gas industry will be celebrated in Houston with the marking of a major milestone this year. Norway is marking its 40th anniversary of attending the Offshore Technology Conference with an impressive line…

Anadarko touts Phobos find

Apr 25, 2013

Anadarko Petroleum encountered high-quality oil at its Phobos-1 deepwater Gulf of Mexico well, the company announced on 25 April 2013. Located in Sigsbee Escarpment in Block 39, the company found 250 net ft of oil in lower tertiary-aged reservoirs…

Marine Well Containment Co. heads to Alabama

Apr 24, 2013

Marine Well Containment Company (MWCC) announced that Mobile, Alabama has been selected as the shorebase location to house the well containment company’s subsea umbilicals, risers and flowlines (SURF) equipment. The MWCC capping stack stands roughly 30ft tall and weighs about 100 tons…

Strength in well invention work for Helix

Apr 22, 2013

Demand for well intervention services has continued to be strong in the Gulf of Mexico and North Sea, says Helix Energy Solutions. The Houston-based firm said that as well as a recent five year contract for its Q5000 semisubmersible, currently under construction in Singapore…

Bluewater signs up Seadrill's West Neptune

Apr 16, 2013

Seadrill has signed a contract with LLOG Bluewater Holdings for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico.   The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates…

Subsea tiebacks: The latest strategies

Apr 15, 2013

Après the moratorium of deepwater drilling in the Gulf of Mexico, operators are once again exploring for opportunities offshore. Yet, escalating costs for production facilities can prohibit the profitability of some marginal fields. Jeannie…

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