"Hurricane Ida" News

Schlumberger 3Q Profit Rises as Oilfield Services Demand Recovers

Oct 22, 2021

Schlumberger NV reported a rise in third-quarter adjusted income on Friday, buoyed by higher demand for the company's oilfield services and related equipment from producers looking to capitalize on a rebound in crude prices.Global crude prices rose 4…

Shell Expects Ida-hit Offshore Platform to Restart in November

Oct 22, 2021

Shell said on Friday it expects an offshore transfer facility, which was shut due to damage from Hurricane Ida, to be operational in the first half of November, restarting production of a popular Gulf of Mexico crude grade earlier than expected…

Hurricane Ida: Shell's Offshore Platform Damaged

Sep 03, 2021

Oil major Shell said Thursday its U.S. Gulf of Mexico West Delta-143 (WD-143) offshore facilities had been damaged by Hurricane Ida.Shell observed damage during a flyover of its assets in the path of Hurricane Ida.'When it is safe to do so,…

Insurers Bracing for $1B Hit from Hurricane Ida Damage to Offshore Facilities

Sep 03, 2021

Insurers are bracing for a hit of about $1 billion from physical damage to offshore rigs and structures from Hurricane Ida, according to preliminary estimates from U.S. property data and analytics company CoreLogic.The estimate did not include…

Gulf Coast Oil Firms Return to Ida Recovery as Storm Nicholas Recedes

Sep 15, 2021

Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago.Nicholas, downgraded to a tropical depression late Tuesday…

Hurricane Ida: Chevron's Gulf of Mexico Platforms Appear Undamaged

Sep 02, 2021

Chevron Corp on Wednesday said its offshore facilities in the Gulf of Mexico appeared to be undamaged after Hurricane Ida. The company also said it began redeploying personnel to assess the damage to its offshore facilities in the U.S. Gulf of Mexico from Hurricane Ida and to restore production…

Hurricane Ida: Output Still Shut on Chevron's GOM Platforms

Sep 01, 2021

Chevron Corp on Tuesday said production remains shut in at its Chevron-operated Gulf of Mexico platforms due to Hurricane Ida.The Fourchon terminal and Empire terminal and their related pipeline systems are also shut in, the company said in a note…

Infrastructure Damage Stifles Oil Firms Recovery Efforts After Hurricane Ida

Sep 01, 2021

Energy companies' efforts to get workers back to production platforms and refineries to make repairs after Hurricane Ida lashed Louisiana are being stymied by the extent of infrastructure damage from the storm, executives said.Hurricane Ida tore through the U…

Noble Drillship Damaged by Hurricane Ida

Sep 01, 2021

The U.S. Coast Guard said on Wednesday it is responding to a drillship that reportedly sustained damage as Hurricane Ida ripped through the Gulf of Mexico and into Louisiana as a Category 4 storm.The agency said it was notified during the storm…

Hurricane Ida: Some 95% of U.S. Gulf of Mexico Oil Output Still Shut

Aug 31, 2021

Oil production in the U.S. Gulf of Mexico on Monday remained largely halted in the aftermath of Hurricane Ida, with 1.72 million barrels of output suspended, according to offshore regulator the Bureau of Safety and Environmental Enforcement (BSEE)…

Review of Impact of Hurricane Ida on Titan Platform to Take Days, Equinor Says

Aug 31, 2021

Norway's Equinor said on Monday it will take days for the energy company to have 'a clear picture' of Hurricane Ida's impact on its Titan oil platform in the U.S. Gulf of Mexico.Some oil companies have started aerial evaluations to evaluate…

Floods, Outages Slow Oil Companies' Efforts to Restart after Hurricane Ida

Aug 31, 2021

Widespread flooding from Hurricane Ida and power outages slowed efforts on Tuesday by energy firms to assess damages at oil production facilities, ports, and refineries.Nearly all of Louisiana lost electrical power on Monday after one of the…

Hurricane Ida's Fury Cuts Deep into U.S. Oil Output, Gasoline Supplies

Aug 30, 2021

Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the region's offshore wells and nearly half its motor fuel production and drove prices broadly higher.The storm crashed on Sunday into the Louisiana coast, tearing through U…

Baker Hughes Profit Misses Estimates

Oct 20, 2021

Oilfield firm Baker Hughes Co reported a quarterly profit that fell short of Wall Street expectations on Wednesday, sending its shares down sharply in pre-market trading.Oil producers and service firms are expected to be supported by a rebound…

Hurricane Ida Shuts 96% of U.S. Gulf of Mexico Crude Output

Aug 29, 2021

Energy firms on Sunday had suspended 1.74 million barrels per day of oil production in the U.S. Gulf of Mexico, according to the Bureau of Safety and Environmental Enforcement (BSEE), as Hurricane Ida slammed into the Louisiana coast as a Category 4 storm…

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