As part of the Obama Administration’s on-going commitment to a cleaner, more secure energy future, Janice Schneider, assistant secretary, Land and Minerals Management and Abigail Ross Hopper, director of the Bureau of Ocean Energy Management (BOEM)…
The Obama Administration has decided to rescind a proposal to drill off the US Atlantic Coast in 13 areas, due to current market dynamics, strong local opposition, and conflicts with competing commercial and military ocean uses, the US Department of the Interior (DOI) said today (15 March)…
Transocean will lay off about 80 jobs that were part of the Transocean Discoverer Americas ultra deepwater unit, which Statoil canceled in December. The Discoverer Americas, from Transocean. The 70-80 lay offs…
Production continues as the Bureau of Safety and Environmental Enforcement (BSEE) responds to a fatality at the Whistler Energy II Platform A, in the Gulf of Mexico. The GC 18 platform. Image from Epic…
Williams Partners reached an agreement with Shell Offshore and Nexen Petroleum Offshore to provide deepwater gas gathering services to the Appomattox development, in the Gulf of Mexico. Appomattox is located 80mi offshore from the nearest shoreline in Louisiana…
Baker Hughes has enrolled in the new Regional Operational Integrity Program (ROIP) for the petroleum and natural gas industry to receive Gold Recognition for its Gulf of Mexico (GoM) Center of Excellence from the Wollam Petroleum Advisory Group (WPAG)…
US supermajor Chevron is set to shave its budget by as much as 36% by next year, as the company approaches the finish line for global construction projects, and sets its sights on increasing production. Jack/St…
Byron Energy's SM-6 #2 well in the South Marsh Island Block 6 in the US Gulf of Mexico has intersected a number of hydrocarbon bearing sands which may result in an increase in reserves estimates for the block, says partner Otto Energy. Otto…
Budget cuts by Mexican national oil company Pemex are having a knock-on impact in the Mexican Gulf of Mexico. Mexico's Cotemar Group, which works for Pemex, has said it will suspend use of Norwegian accommodation vessel provider Prosafe's Safe Regency mid-March…
As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…
Anadarko is reducing its capital investments by nearly 50%, and plans to monetize up to US$3 billion of assets, as the company focuses on its offshore assets in the Gulf of Mexico, and off Africa. Mozambique operations…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…
BSEE has proposed a new well control rule that the agency says will make operating in the Gulf of Mexico safer. But, the industry disagrees, and now it has two studies to prove it. Audrey Leon sets out the detail. At…
Dallas Parker, Gabriel Salinas and Diego Perez, of law firm Mayer Brown, assess the terms of Mexico’s phase four bid round to be held in 2016. The Mexican National Hydrocarbons Commission…
Henrique Paula, of ABS, explains how data analytics can be used to improve safety, environmental protection, operational efficiency, and profitability in emerging energy markets such as Mexico. One of the most promising and legitimate…
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