Australia's Woodside Energy Group trimmed its production outlook for 2022 on Thursday and flagged a possible delay to a U.S. oil project inherited with BHP Group's petroleum assets, sending its shares down 4%.Woodside, now a top 10 global independent oil and…
The Biden administration on Wednesday said it had identified 700,000 acres for possible offshore wind energy development in the Gulf of Mexico, seeking to expand a growing clean energy industry to a major U.S. oil and gas hub.It also said President…
Worley has won a three-year contract with Shell to provide engineering and procurement services for several of its assets in the Gulf of Mexico (GOM).Worley will provide professional services in engineering, procurement, project services and support fabrication and construction…
A 52-year-old man was medevaced Thursday from an offshore supply vessel about 36 miles southeast of Grande Isle, Louisiana.Watchstanders at Coast Guard Sector New Orleans received a call stating a crewmember aboard the offshore supply vessel…
U.S. oil and gas dealmaking fell to $12 billion last quarter, down from the first quarter and nearly a third of the $34.8 billion in the same period a year ago, as commodity price volatility left buyers and sellers clashing over asset values…
U.S. based offshore well services company Helix Energy Solutions Group has finalized the previously announced acquisition of the Alliance group of companies, bolstering its decommissioning footprint in the Gulf of Mexico.Alliance is a Louisiana…
President Joe Biden's administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan may have anywhere from zero to 11 lease sales.The range of options, between two auctions a year and none at all…
U.S. Gulf of Mexico-focused oil and gas company LLOG Exploration said Tuesday it had recently kicked off production from its Spruance field, located offshore Louisiana.The two-well subsea development is located in Ewing Bank (“EW”) Blocks 877 and 921 in the U…
Mexican state oil company Petroleos Mexicanos released thousands of tons of methane gas into the atmosphere from an oil and gas platform in the Gulf of Mexico last December, research published on Thursday by the European Space Agency (ESA) showed…
Oil major Shell on Monday said planned maintenance at its Ursa platform in the Gulf of Mexico was completed on Sunday.Shell, the leading operator in the U.S. Gulf of Mexico, started turnarounds at its Mars and Ursa platforms at the end of April…
The Mexican government is close to reaching a deal with U.S.-based Talos Energy over the future of a potentially lucrative shared crude discovery, the president said on Friday.The handling of Zama, a deposit holding some 900 million barrels and located offshore in the southern Gulf of Mexico…
Audubon has won a contract with Shell Offshore to provide brownfield engineering and procurement (EP) services support for Shell’s Mars Corridor in the U.S. Gulf of Mexico.The contract covers Shell’s offshore platforms in the U.S. Gulf including its Mars…
Forecasters on Thursday amped up their outlook for the U.S. Atlantic hurricane season, saying warm sea temperatures and the absence of a moderating wind shear portend a 'well-above average' number of storms.Colorado State University researchers raised their estimate for tropical storms…
Offshore installation company Subsea 7 on Wednesday said it had won a 'sizable' contract with Chevron for the development of the Ballymore offshore project in the U.S. Gulf of Mexico. Subsea 7 defines a sizable contract as being between USD 50 million and USD 150 million…
Jumbo Maritime has awarded Fugro a positioning and metocean services contract to help guide the safe transport and installation of a new floating production system (FPS) for Vito, a deepwater development in the US Gulf of Mexico.Fugro services will support both inshore and offshore towing of the 24…
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