Mexico is one of the largest producers of petroleum and other liquids in the world, the fourth-largest producer in the Americas after the United States, Canada, and Brazil, and an important partner in US energy trade. In 2014, Mexico accounted for 781…
Richard McLaughlin has been appointed by the National Academy of Sciences to serve on its newly created Committee on Environmental Sciences and Assessment for Ocean Energy Management. This committee will provide independent oversight and…
On 14 September, Mexico's Finance Ministry announced the minimum acceptable bids for the shallow water development opportunities phase of Round One. Image of Round One. From CNH. Wood…
Ashtead Technology’s Houston office has secured an industry seal of approval from ISNetworld (ISN) for maintaining the highest oil and gas safety and quality standards within the Gulf of Mexico. ISNetworld is a global resource for connecting companies with safe…
Mexico’s Secretaría de Hacienda y Crédito Público (SHCP) released the minimum fiscal terms that must be met by companies in order to win development rights in the second phase of Round One, scheduled for the end of September. Image…
Image: Aquatic's multi-reel solution designed to enable the barge to transit 250km to the project site/Aquatic Engineering and Construction Aquatic Engineering and Construction…
A new report from the US Bureau of Safety and Environmental Enforcement (BSEE) blamed the crew working Walter Oil & Gas’ South Timbalier Block 220 Well A-3, 55mi off Louisiana, for a well control incident that caused a blowout and fire onboard…
Ahead of tomorrow's (15 September) congressional hearing in New Orleans, API highlighted the importance of offshore oil and natural gas development to the region's economic development. Image from EMGS…
The US Bureau of Ocean Energy Management (BOEM) will offer 40 million acres for exploration in the proposed Gulf of Mexico Central planning area Lease Sale 241 and Eastern planning area Lease Sale 226 to take place in March 2016. Image…
Husky Energy has commenced production from a second oil well at the South White Rose extension drill center offshore Newfoundland and Labrador. The two wells are expected to ramp up to a combined net peak production of 15,000 b/d. South…
Oceaneering International has secured a contract from Shell to supply umbilicals for the deepwater Appomattox development located in the Mississippi Canyon area of the US Gulf of Mexico. The order is for electro-hydraulic steel tube control umbilicals…
Amidst its international corruption investigation, Petrobras terminated its US$1.6 billion contract with Vantage Drilling for the use of the Titanium Explorer ultra deepwater drillship citing a breach in Vantage’s obligations under the contract…
Husky Energy has reported a major hydrocarbon gas release from subsea equipment on its White Rose development. According to the Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB), the release happened on 31 August from…
The recent rise in domestic crude oil production from 5.6 MMb/d in 2009 to 8.7 MMb/d in 2014 and the prospect of continued supply growth have sparked interest in the question of how the relaxation or removal of current policies, which restrict…
Ahead of next week’s SPE Offshore Europe 2015, Audrey Leon spoke with OneSubsea’s Don Sweet about how he got into the industry and what technologies he’s keeping an eye on. Sweet. Image from OneSubsea…