Precision Polymer Engineering (PPE) announced the official opening of its new manufacturing facility in Brenham, Texas on 12 February 12 2015. The new site, which began production in November 2014, manufactures high performance compression…
After 25 years with the company, Apache President and Chief Executive Officer G. Steven Farris announced his retirement effective today. Farris. From Apache. The 66-year old will continue…
The University of Houston (UH) will lead a national research center for subsea engineering and other offshore energy development issues, including research and technology to improve the sustainable and safe development of energy resources in the Gulf of Mexico…
Noble Energy’s Madison exploration well has been plugged and abandoned in the Gulf of Mexico after no commercial hydrocarbons were found. The well was drilled to a total depth of 16,859ft in the Mississippi Canyon 479 and reached its targeted Upper and Middle Miocene objectives…
Anadarko began first production at the Lucius field in the US Gulf of Mexico. Image of the Lucius spar. From Anadarko. Lucius is located approximately 380km southwest of Port Fourchon…
A US federal district court judge in Louisiana ruled on Thursday that BP’s Macondo well discharged 3.19 million barrels of oil into the US Gulf of Mexico. The ruling means that BP faces a maximum fine of US$13.7 billion under the US…
Luxembourg-based Maritime Construction Services’ subsidiary New Orient Marine awarded Keppel Singmarine a US$200 million contract to build an ice-class multi-purpose vessel. The ice-class vessel will be designed to operate in temperature…
Mexico’s Cotemar S.A. De C.V. took delivery of its new emisubmersible vessel from Cosco (Nantong) Shipyard Co. The vessel, Neptuno, measures 91m in length, 67m in breadth and 27.5m in depth.
Hess awarded Enbridge a contract to build, own, and operate a lateral pipeline estimated at US$130 million, to connect the Stampede development to an existing third-party pipeline system in the Gulf of Mexico. Gulf of Mexico platform…
As oil prices move ever lower, Wood Mackenzie assessed at what price the operating cash flow from producing oil fields turns negative. Negative operating cash flow can be an immediate brake on production. While Wood Mackenzie does not think this floor will necessarily be triggered…
Mexican national oil company, Petróleos Mexicanos (Pemex) took delivery of its first of two KFELS B Class jackup rigs from Singapore’s Keppel FELS. The Yunuen jackup. From Keppel. The…
Houston-based deepwater focused oilfield services firm Deep Down, Inc. has won a large order for flying leads and ancillary equipment directly from one of the supermajor operators. The flying leads will be delivered and deployed in the Gulf of Mexico by Q1 of 2016…
Bibby Subsea and Bordelon Marine signed a three-year contract to charter Bibby’s new ultra-light intervention vessel (ULIV) in the Gulf of Mexico (GoM). The Brandon Borderlon. From Bibby. The…
McDermott International received authorization from the Central Administration of Customs in Mexico to operate its Altamira fabrication facility near Tampico, Mexico, as a free trade zone. The Altamira fabrication yard…
Chevron discusses what it takes to deploy the technology and deliver first oil from the Jack/St. Malo fields, which are among the largest in the Gulf of Mexico. Discovered more than a decade ago, Jack and St. Malo are expected to deliver more than 500MMbbl…