Gulf Of Mexico News

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…

Newbuild growth: Brazil, Africa, SE Asia and Australia

Apr 15, 2013

The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…

Rig Market Review

Apr 14, 2013

The global rig market is strong, with high utilization, high day rates, and nearly 200 offshore drilling rigs under construction. Drilling contractors are changing their fleet makeup, modernizing, streamlining, and concentrating on market sectors…

BOEM completes SEIS review

Apr 11, 2013

The Bureau of Ocean Energy Management has released a Final Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sales 233 and 231, the third and fourth sales scheduled in the current 2012-2017 Five Year Program.(Image…

Pangea LNG to export from Texas

Apr 10, 2013

A. The US Department of Energy granted Pangea LNG (North America) Holdings, long-term, multi-contract authorization to export up to 8 million tonnes per annum (mtpa) of LNG to free trade agreement nations from its south Texas LNG Project…

Stone secures Ensco rig for Cardona

Apr 08, 2013

Stone Energy Corp. hired an ENSCO drilling rig for its Cardona program at Mississippi Canyon block 29, the company announced on April 8, ENSCO 8500 series drilling rigThe Ensco 8500 series dynamically-positioned deepwater drilling rig…

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