Oil major BP has started oil production at its Argos offshore platform in the deepwater U.S. Gulf of Mexico.With a gross production capacity of up to 140,000 barrels of oil per day, Argos is BP’s fifth platform in the Gulf of Mexico and the first new BP-operated production facility in the region since 2008. The Samsung Heavy Industry-built semi-submersible platform will ultimately increase BP’s gross operated production capacity in the Gulf of Mexico by an estimated 20%…
Shell has reportedly threatened legal action against Greenpeace activists who last week boarded a heavy load carrier carrying Shell's Penguins FPSO, destined for deployment in the UK North Sea.Last Tuesday, four activists climbed aboard the…
Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: 'Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao…
U.S. President Joe Biden on Monday called on oil and gas companies to use their record profits to lower costs for Americans and increase production, or pay a higher tax rate, as he battles high pump prices with elections coming in a week. In remarks at the White House…
Aberdeenshire-based Blaze Manufacturing Solutions has announced major contracts and new jobs since introducing a redefined global business strategy.According to the company, following a major investment boost from Balmoral Group in 2019 the company has secured work from the nuclear…
French seismic data processing company CGG said Tuesday it had won a contract with BP and its JV Partner Pharaonic Petroleum Co for the 3D seismic imaging of the first OBN survey ever conducted in the Nile delta covering the Atoll and Atoll North fields…
The Biden administration is partnering with 11 East Coast states to accelerate the development of offshore wind facilities, including addressing supply chain issues, advancing construction and boosting jobs, the White House said on Thursday…
Cenovus Energy and its partners have agreed to restart the West White Rose oilfield project offshore Newfoundland and Labrador, Canada in 2023, the oil and gas producer said on Tuesday.Major construction activities in West White Rose project…
Senior U.S. officials have talked with oil company executives in regards to the Ukraine crisis and high oil prices, White House press secretary Jen Psaki said on Thursday.Pskai declined to identify what oil companies officials have had conversations with…
The Biden administration on Monday said it would make $1.15 billion available to states to clean up abandoned oil and gas wells as part of a broad effort to reduce U.S. climate warming emissions and improve health and safety in nearby communities…
The White House on Tuesday welcomed a decision by top oil producers to stick with their plans to raise crude production and touted 'close' coordination with Saudi Arabia and the United Arab Emirates.Earlier on Tuesday, a group of producers comprising…
Oil major Shell has this week announced 'a material' discovery at the Blacktip North prospect in the U.S. Gulf of Mexico, ~220 miles SSE of Houston. Blacktip North is located in OCS block Alaminos Canyon (AC) 336, approximately 4.5 miles northeast of the recently appraised Blacktip discovery…
U.S. officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 natural gas pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday.The White House said…
Walt Disney Co on Tuesday named former Pentagon press secretary Geoff Morrell to the newly created position of chief corporate affairs officer, overseeing corporate communications, government relations, and global public policy.Morrell is currently…
Exxon Mobil Corp on Wednesday offered to lease a half million acres off the Texas coast, securing space for what could become a massive project to capture and store carbon emissions.Under pressure by investors to address climate change, Exxon…