Offshore Production News - page 8


Oxy Says Seven of Its Ten Offshore Oil Platforms in U.S. Gulf of Mexico Still Offline

Sep 08, 2021

Occidental Petroleum Corp on Wednesday said in a securities filing seven of its 10 offshore oil production platforms in the U.S. Gulf of Mexico remain offline since Hurricane Ida.Hurricane Ida tore through the Gulf of Mexico late last month…

U.S. Oil Losses from Hurricane Ida Among Worst Since 2005

Sep 08, 2021

Hurricane Ida's damage to U.S. offshore energy production makes it one of the most costly since back-to-back storms in 2005 cut output for months, according to the latest data and historical records.Ida's 150 mile-per-hour (240 kph) winds cut…

Oil Prices Rise as Gulf of Mexico Producers Struggle to Restart Platforms after Ida

Sep 08, 2021

Oil prices rose on Wednesday, paring overnight losses, with producers in the U.S. Gulf of Mexico struggling to restart operations nine days after Hurricane Ida swept through.U.S. West Texas Intermediate (WTI) crude futures rose 27 cents, or 0…

Delta Offshore Energy's Vietnam Project Gets Environmental Approval

Sep 08, 2021

Delta Offshore Energy said Tuesday it had secured the environmental approval for the LNG to Power Project, the 3.2 GW power plant, and LNG Terminal in Bac Lieu, Vietnam.'Environmental Impact Assessment (EIA) is an extremely important key regulatory…

Saudi Aramco Unit Wins Guyana Oil Tender

Sep 08, 2021

Guyana awarded a unit of Saudi Aramco a tender to purchase a portion of the country's oil production, and the two parties will likely enter into a one-year marketing deal, an official said on Tuesday.The South American country last month received…

Aquaterra Energy to Deliver Multiple Offshore Platforms for 'Supermajor' in Angola

Sep 07, 2021

Offshore engineering firm Aquaterra Energy has signed an engineering and design service agreement with an unnamed 'supermajor' to deliver multiple offshore platforms over a three-year period. The platforms, of Aquaterra Energy's Sea Swift design…

Over 80% of U.S. Gulf of Mexico Oil Output Still Offline

Sep 07, 2021

More than 80% of oil production in the Gulf of Mexico remains shut in after Hurricane Ida, a U.S. regulator said on Monday, more than a week after the storm made landfall and hit critical infrastructure in the region.Energy companies have been…

Enauta's Atlanta Field Suffers Another Pumping System Setback

Sep 06, 2021

Brazilian oil firm Enauta is again experiencing problems with the pump system at its Atlanta field offshore Brazil, with output from one well now interrupted.Enauta said that the output interruption occurred on Sunday, September 5. 'At this moment…

Wintershall Dea Wraps Begknapp Appraisal Drilling. Eyes Tie-back to Nearby Platforms (Norway)

Sep 06, 2021

Oil and gas firm Wintershall Dea has completed the drilling of an appraisal well on the Bergknapp oil discovery in the Norwegian Sea.Wintershall Dea made the Bergknam discovery in April 2020, using Saipem's Scarabeo 8 offshore drilling rig.The…

U.S. Offshore Oil Output Still Mostly Down a Week after Hurricane Ida

Sep 06, 2021

Damage to oil production facilities in the U.S. Gulf of Mexico kept output largely halted on Sunday, a week after Hurricane Ida made landfall, according to offshore regulator the Bureau of Safety and Environmental Enforcement (BSEE).Energy companies…

Insurers Bracing for $1B Hit from Hurricane Ida Damage to Offshore Facilities

Sep 03, 2021

Insurers are bracing for a hit of about $1 billion from physical damage to offshore rigs and structures from Hurricane Ida, according to preliminary estimates from U.S. property data and analytics company CoreLogic.The estimate did not include…

BSOG Project a Litmus Test for Romanian Offshore Gas Investments

Sep 03, 2021

Black Sea Oil & Gas (BSOG) is pressing ahead to be the first company to tap Romania's offshore gas fields despite a disputed tax that has stymied other projects, but if the levy remains it could impact its operations in the country, its chief executive said…

McDermott Installs Offshore Platform in Vietnam

Sep 03, 2021

Offshore installation firm McDermott has completed the transportation and installation of a central processing platform jacket, wellhead service deck, and conducted topside floatover as part of an Idemitsu-operated offshore project in Vietnam…

Serica Energy Names CFO. Brings Online North Sea Well

Sep 03, 2021

UK North Sea-focused oil and gas company Serica Energy has appointed Andy Bell as Chief Financial Officer and a director of the company.Bell, 69, joined Serica in 2017 as VP Finance after previously providing financial consultancy services to Serica…

Hurricane Ida: Shell's Offshore Platform Damaged

Sep 03, 2021

Oil major Shell said Thursday its U.S. Gulf of Mexico West Delta-143 (WD-143) offshore facilities had been damaged by Hurricane Ida.Shell observed damage during a flyover of its assets in the path of Hurricane Ida.'When it is safe to do so,…

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