While the latest revisions to the terms for shallow water areas in Mexico’s first licensing round have increased the attractiveness of the production sharing agreement terms by improving the contractor’s upside potential, the benefits remain…
The US Energy Information Administration (EIA) published its Annual Energy Outlook 2015 report, authored by Adam Sieminski, today. A key finding of the report is that US net energy imports, including all fuels, are expected to decline and…
Analyses foresee 2015 as being the toughest year for drilling companies since 2009. On the back of falling oil prices, contractors are facing increased pressure as operators shift risks and liabilities, often in contradiction with entrenched industry-accepted allocations…
Cortland Company is opening a new synthetic fiber testing and fabrication facility in Sugar Land, Texas. Cortland's Houston area testing facility. From Cortland. Services from…
The US Department of the Interior (DOI) is reviewing Shell's Arctic drilling plans, according to a recent Reuters report. On 31 March, DOI issued a record of decision affirming Shell’s Arctic leases from the Chukchi Sea OCS oil and gas lease sale 193 from 2008…
A new offshore drilling safety rule proposed by the Bureau of Safety and Environmental Enforcement (BSEE) is expected to improve safety offshore in response to the Deepwater Horizon incident five years ago. The proposed rule, 30 CFR Part 250…
Oil Spill Response Ltd. (OSRL) and the Subsea Well Response Project (SWRP) delivered a containment toolkit, which can be used to minimize the environmental impact of a subsea well incident. Image from SWRP…
On 9 April, thought leaders in the offshore oil sector held an industry discussion focused on the importance of sustainable safety in the offshore oil and natural gas industry. The group included Jack Gerard, president and chief executive for the American Petroleum Institute (API) Randall Luthi…
OE’s Audrey Leon spoke with Scott Cummins, Senior Vice President, Commercial, McDermott about the opening of Mexico’s oil and gas industry and what effects it will have on both McDermott and the industry at large. Welder…
OE’s Audrey Leon spoke with Dr. Bruno de Ribet, a geophysicist and technology global director at Paradigm, about the opening of Mexico’s oil and gas industry and what effects it will have on both the country’s seismic scene. Please explain…
OE’s Audrey Leon spoke with Francisco Nunez, regional sales manager, Latin America, at OneSubsea, about the opening of Mexico’s oil and gas industry and what effects it will have on both OneSubsea and the industry at large. Please explain…
Most of the Mexican side of the Gulf of Mexico remains unexplored. Dan McConnell explores the geotechnical knowns and unknowns in the basin. Acquiring geotechnical data for platform foundation design in Mexico’s Bay of Campeche…
Rystad Energy’s Senior Analyst Bielenis Villanueva Triana ranks Mexico’s exploration competitiveness as compared to other global prospective areas. Fig. 1: Mexico’s petroleum provinces which have proven hydrocarbon potential…
Eckhard Hinrichsen analyses the race for oil and gas reserves as the market liberalizes. The Mexican energy industry is at last open to foreign companies. Investment opportunities abound as the important first licensing rounds loom. The…
In 4Q 2014, Aberdeen-based Return To Scene, a subsidiary of SeaEnergy, completed project delivery of its first contract with Pemex. Capturing the Ku-S platform. Photo from Return2Scene. The…
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