Gulf Of Mexico News

U.S. Energy Department to Commit $2.25B to Carbon Storage Program

May 05, 2022

The U.S. Department of Energy intends to commit $2.25 billion for projects to store carbon dioxide underground and help fight climate change, it said on Thursday.The funding for carbon storage validation and testing over the next five years…

Petrofac Wins $200M Offshore Decommissioning Contract in U.S. Gulf of Mexico

May 05, 2022

Oilfield services giant Petrofac has formed an alliance with decommissioning firm Promethean Decommissioning Company (PDC) to decommission the South Pass 60, South Pass 6, and East Breaks 165 offshore fields, in the U.S. Gulf of Mexico.According to Petrofac…

LLOG to Develop Two Deepwater GoM Discoveries Using Refurbished Offshore Platform

May 04, 2022

U.S. Gulf of Mexico-focused oil and gas company LLOG on Wednesday announced the planned development of the Salamanca floating production facility to be used to develop two offshore discoveries in the U.S. Gulf of Mexico.The company said that…

Pipeline Operator Genesis Energy to Increase Deepwater Gulf of Mexico Footprint

May 04, 2022

Genesis Energy will increase its footprint in the deepwater Gulf of Mexico with expansion of an existing pipeline system and construction of a new line, it said in its first-quarter earnings report on Wednesday.Genesis will spend about $500…

U.S. Supreme Court to Rule on Whether Offshore Rig Worker is Entitled to Overtime Pay

May 03, 2022

The U.S. Supreme Court on Monday agreed to decide whether a supervisor of offshore oil rig workers is entitled to overtime pay under federal law even though he earns more than $200,000 a year, with potentially costly implications for the oil and gas industry and other employers…

Chevron to Buy Into U.S. Gulf of Mexico Carbon Capture & Storage Joint Venture

May 03, 2022

U.S. oil companies Chevron and Talos and carbon capture & storage project development & finance company Carbonvert have signed a memorandum of understanding (“MOU”) for an expanded joint venture to develop the Bayou Bend CCS offshore carbon…

BP to Ramp up Oil Output, Launch U.S. Gulf Platform Argos in 2022

May 03, 2022

Oil major BP BP.L expects to double crude output from its Thunder Horse project in the U.S. Gulf of Mexico and inaugurate its latest production platform by the end of this year, a company executive said on Monday.The company, which is betting on 'lower-carbon…

U.S.-based W&T Offshore and S. Korea's KNOC Pen Collaboration Deal

May 02, 2022

U.S. Gulf of Mexico focused oil and gas company W&T Offshore has signed a Memorandum of Understanding (“MOU”) with Korea National Oil Corporation (“KNOC”) to jointly consider and pursue various opportunities in upstream oil and gas as well as…

U.S. Gulf of Mexico: Injured Crewmember Medevaced from Dive Support Vessel

May 02, 2022

The U.S. Coast Guard medevaced an injured crewmember from a dive support vessel about 17 miles south of Pecan Island, Louisiana, on Friday evening.Coast Guard Sector New Orleans watchstanders were notified at 8:15 p.m. Friday that a male crewmember in his 30s…

Shell Midstream Partners: Volumes on Mars Oil Pipeline System Rose in 1Q

Apr 29, 2022

Shell Midstream Partners LP said on Thursday that volumes on its Mars oil pipeline system rose during the first quarter, as repairs completed in the wake of Hurricane Ida allowed it to run at normal operating levels.The Mars pipeline system…

Bardex Mooring Tensioning System Installed in GOM

Apr 28, 2022

BP’s latest floating production facility, ARGOS, has been successfully moored in the US Gulf of Mexico. The mooring tensioning system includes Bardex Corporation Chain Jacks used to haul in and tighten 12 lines of 171mm R4S top chain. Bardex…

Magseis Fairfield Wins More Survey Work in U.S. Gulf of Mexico

Apr 27, 2022

Norwegian offshore seismic survey company Magseis Fairfield has secured more work in the U.S. Gulf of Mexico.Following the original 4D Ocean Bottom Node (OBN) survey in the US Gulf of Mexico, announced in November 2021, the company's client has now exercised an extension…

Transocean Nets $87,2M in Offshore Drilling Contracts

Apr 26, 2022

Offshore drilling contractor Transocean said Monday it had recently secured offshore drilling contracts worth $87.2 million in total.In its quarterly fleet status report, the company said it had won contracts for Development Driller III, Discoverer Inspiration…

Guice Offshore Adds Three Vessels to Its Fleet

Apr 26, 2022

Louisiana-based offshore support vessel owner Guice Offshore (GO) has expanded its fleet with three new vessels, including another 170 ft. DP1 multi-purpose vessel and two 205 ft. DP2 platform support vessels.The vessels will operate as GO Explorer (170 ft…

C-Innovation Brings Remote Survey Service to Gulf of Mexico

Apr 22, 2022

Edison Chouest Offshore's affiliate C-Innovation has, through its C-Survey (C-S) division, brought its remote survey operations to the Gulf of Mexico for the first time, after two years of successful operation in Guyana.According to C-Innovation…

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