Gulf Of Mexico News


U.S. Judge Orders Expansion of Gulf of Mexico Oil Lease Auction

Sep 22, 2023

A federal judge in Louisiana has ordered an expansion of next week's sale of oil leases in the Gulf of Mexico, saying the Biden administration must include additional acreage, according to a court ruling issued late on Thursday.The oil and gas industry…

U.S. Gulf of Mexico: W&T Offshore Seals Deal for Shallow Water Oil and Gas Fields

Sep 21, 2023

U.S. Gulf of Mexico-focused oil and gas company W&T Offshore said Thursday it had wrapped up the acquisition of interests in eight shallow water oil and gas producing assets from an undisclosed private seller.The offshore fields are located…

Carbonvert, Castex Energy Execute Deal for Operation of Louisiana's First Offshore CO2 Storage Hub

Sep 20, 2023

Carbonvert and Castex Energy announced on Tuesday the execution of an operating agreement with the State of Louisiana to develop a 24,000 acre tract of land situated in state waters, offshore Cameron Parish, to permanently store carbon dioxide (“CO2”)…

Refurbished Jack-Up Rig Starts Work in U.S. Gulf of Mexico

Sep 08, 2023

Gulf of Mexico-focused oil and gas exploration firm Arena Energy and drilling contractor White Fleet Drilling recently christened and mobilized a refurbished jack-up drilling rig in the U.S. Gulf of Mexico. White Fleet, Arena's strategic partner…

NOIA Unhappy About Rice Whale Protection Recommendations

Aug 21, 2023

National Ocean Industries Association (NOIA) President Erik Milito has said that the Bureau of Ocean Energy Management (BOEM) issue of a Notice to Lessees (NTL) with recommended restrictions on ongoing industry activities within the expanded…

VIDEO: Transocean Deploys World's First Subsea 20,000 psi Blowout Preventer

Aug 17, 2023

Offshore drilling contractor Transocean said Wednesday that the world’s first subsea 20,000 psi blowout preventer (BOP) had been successfully deployed from its Deepwater Titan drillship.The 20K BOP stack, supplied by NOV, is designed for use…

Talos Makes Oil and Gas Discovery at Sunspear Prospect in U.S. Gulf of Mexico

Aug 11, 2023

U.S.-based Oil and gas company Talos Energy has discovered oil and gas at the Sunspear prospect in the U.S. Gulf of Mexico.Talos Energy shared the news of the discovery this week in its second-quarter results presentation.According to Talos…

Prosafe's Safe Concordia Flotel Starts 330-Day Contract in U.S. Gulf of Mexico

Aug 10, 2023

Offshore accommodation rig provider Prosafe said Thursday that its Safe Concordia semi-submersible flotel had started a 330-day contract in the U.S. Gulf of Mexico.The contract is with 'a major operator' in the U.S. Gulf of Mexico, and it started on August 9…

Pemex Downplays Impact of Offshore Oil Spill

Jul 27, 2023

The chief executive officer of Mexican state energy oil Pemex on Wednesday sought to downplay an oil spill in the Gulf of Mexico this month, saying it was quickly fixed and less serious than academics had calculated.Pemex has been under intense…

Hess Makes Oil Discovery in U.S. Gulf of Mexico. Eyes Tubular Bells Tie-back

Jul 26, 2023

U.S.-based oil company Hess said Wednesday it had made an oil discovery at the Pickerel-1 exploration well in the U.S. Gulf of Mexico.The well is located in Mississippi Canyon Block 727, where Hess holds a 100% stake.The well encountered approximately 90 feet of net pay in high quality…

Danos Wins Multi-Asset Project with BP in Gulf of Mexico

Jul 25, 2023

US-based oilfield services provider Danos has recently won a contract to perform work across BP’s five assets in the Gulf of Mexico.The three-year agreement includes planning and estimating, fabrication, installation, and maintenance and repair…

US Announces First Offshore Wind Rights Sale in Gulf of Mexico

Jul 20, 2023

The United States announced the first offshore wind power development rights sale in the Gulf of Mexico on Thursday, which President Joe Biden will discuss during a trip to highlight the administration's efforts to boost renewable energy.In February…

Transocean Scores $518M Contract for Ultra-Deepwater Drillship in Gulf of Mexico

Jul 18, 2023

Offshore drilling contractor Transocean has secured a 1,080-day contract for one of its high-specification seventh-generation, ultra-deepwater drillships in the Gulf of Mexico, offshore Mexico. The contract will contribute approximately $518 million in backlog…

Over 75% of Oil and Gas Production in US Gulf of Mexico Has Lower GHG Intensity than Average, Reports S&P Global

Jul 13, 2023

According to a new S&P Global Commodity Insights report, more than three-fourths of all oil and gas production in the United States Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average. GHG intensity from shallow…

Biden Admin Urged to Stop 'fast-tracking' Gulf Oil and Gas Reviews

Jul 13, 2023

Six environmental groups on Wednesday asked the Biden administration to end the 'routine fast-tracking' of offshore oil and gas projects in the Gulf of Mexico, which they claim undermines environmental protections and safety.Earthjustice, the Sierra Club…

Current News

Salunda to Equip Transocean Endurance Rig with Monitoring Solution

Inyanga Sets Up Canadian Offshore Renewables Division

Gulf Marine Services Nets New Contract for Jack-Up Vessel

Petrofac Extends Stay for DDW Offshore’s Skandi Emerald AHTS

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