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…
Freeport-McMoRan Oil & Gas and partner Pura Vida Energy are planning to drill an up to US$136 million well offshore Morocco targeting 'well over' 1.4-3 billion barrels total gross mean resources. The well, Mazagan-1 (MX-1), which contains the Ouanoukrim prospect…
Phoenix, Arizona-headquartered Freeport-McMoRan boosted its production estimates on both its Holstein Deep and Dorado developments in the Gulf of Mexico, the company announced on 4 December. Freeport-McMorRan said it expects to achieve 30…
GE Oil & Gas announced that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main refrigeration compressors…
The American Petroleum Institute (API) has compiled a new web-based map tracking North American LNG export facility projects. API says approving the LNG sites are critical to US export goals: the proposed export terminals are a 'roadmap to a lower trade deficit…
Inpex subsidiary Teikoku Oil (North America) has acquired an additional stake in the deepwater Lucius field, located in the US Gulf of Mexico, the company announced on 9 July 2014. The Japanese explorer entered the Lucius partnership in 2012 after acquiring 7…
Subsea 7 has been awarded a more than US$50 million contract in the US Gulf of Mexico by Freeport-McMoRan Oil & Gas in support of its velopment of the KOQV and Holstein Deep fields. The work scope covers the installation of flexible pipelines and umbilicals for both fields…
Rowan Companies has secured a two-year drilling contract for the Rowan Relentless, the fourth and final drillship in the firm's current construction program. The contract is with Freeport-McMoRan Oil & Gas, a subsidiary of Freeport-McMoRan Copper & Gold Inc…
OAO Yamal LNG closed on a contract to supply China National Petroleum Corporation (CNPC) 3mtpa LNG annually for 20 years from the Yamal LNG project in the Russian Arctic, according to Yamal LNG majority shareholder OAO Novatek. CNPC bought…
Freeport-McMoRan Copper & Gold (FCX) is one of the world’s largest mining companies, but it is expanding its interests in North American oil and gas. FM O&G has about 1200 Houston-based employees, and has additional offices in California…
Houston-based Annova LNG, LLC, has filed an application with the US Department of Energy (DOE) to receive authorization to export domestic LNG to free trade agreement (FTA) countries. While the Office of the United States Trade Representative…
The BG Group and Southern Union-backed Lake Charles Exports LLC has received approval from the US Department of Energy (DOE) to export US-produced liquefied natural gas (LNG) to non-Free Trade Agreement (FTA) countries. Lake Charles previously…
Pangea LNG is permitted to export up to 8MPTA Pangea LNGThe U.S. Department of Energy has granted Pangea LNG (North America) Holdings, LLC, long-term, multi-contract authorization to export liquefied natural gas (LNG) to free trade agreement…
FCX specializes in copper and gold miningFreeport enters energy sector with $9B merger Phoenix-based copper and gold mining company Freeport-McMoRan (FCX) has moved to acquire subsidiary McMoRan Exploration as well as Houston-based Plains…
Lower prices, weak demand and competition from vast onshore shale plays helped put a damper on offshore liquefied natural gas terminal projects in the Gulf of Mexico. Russell McCulley talks to companies that are bucking the trend and pushing through with plans for deepwater LNG ports…
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