"Hurricane Ida" News

New U.S. Hurricane Outlook Sees Five Major Storms

Jun 03, 2022

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…

Shell Midstream Partners: Volumes on Mars Oil Pipeline System Rose in 1Q

Apr 29, 2022

Shell Midstream Partners LP said on Thursday that volumes on its Mars oil pipeline system rose during the first quarter, as repairs completed in the wake of Hurricane Ida allowed it to run at normal operating levels.The Mars pipeline system…

Accuweather Sees Two to Four Hurricanes Hitting U.S. Gulf of Mexico in 2022

Apr 06, 2022

Privately-held Accuweather Inc forecasts 2022 will be the seventh straight above-average Atlantic hurricane season seeing the formation of between three and five major hurricanes with sustained winds of at least 111 miles per hour (178 kph)…

Eco Wave Power to Ring Nasdaq Bell

Jan 19, 2022

Wave energy technology firm Eco Wave Power said Wednesday it would hold its official bell ringing ceremony on Nasdaq Stock Market on Thursday morning, at 9:15 a.m.  ET to celebrate becoming a public company on the Nasdaq U.S.  Eco Wave Power began its trading on the Nasdaq on July 1…

U.S. Crude Output in September Fell 3.5% after Ida Hit Offshore Platforms

Dec 01, 2021

U.S. crude oil production fell 3.5% in September after Hurricane Ida temporarily halted most crude production in federal waters of the Gulf of Mexico, according to a monthly report from the U.S. Energy Information Administration on Tuesday.Crude output dropped 380…

Shell Restarts Production from Hurricane-hit Platforms in Gulf of Mexico

Nov 05, 2021

Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida.The oil major was the hardest-hit producer from Ida…

Jackson Offshore Buys Platform Supply Vessel. Five-year Charter with Shell Secured

Nov 01, 2021

U.S.-based offshore vessel owner Jackson Offshore Operators has acquired the M/V STORM platform supply vessel.Once it has completed regulatory requirements, the M/V STORM will start a five-year contract with Shell in the U.S. Gulf of Mexico…

Shell Sets Tougher Climate Targets, Q3 Income Below Expectations

Oct 28, 2021

Royal Dutch Shell set itself tougher emissions-cutting targets on Thursday, even as it reported a lower-than-expected third-quarter profit of $4.13 billion.The oil major said it would cut absolute emissions from its operations and the electricity it uses…

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…

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…

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…

Opinion: Global Oil Market is Tight, Despite what Producers Say

Oct 18, 2021

Global petroleum inventories have fallen to their lowest seasonal level for seven years as producers have failed to raise output to match the rapid rebound in consumption since last year’s coronavirus-driven recession.In contrast to shortages in coal…

Shell Warns of $400M Hurricane Hit, But Sees Boost from Soaring Prices

Oct 07, 2021

Royal Dutch Shell warned on Thursday of a $400 million hit to third-quarter earnings from the damage caused by August's Hurricane Ida.However, in an update ahead of quarterly results this month, the oil major also flagged a boost to cashflows from soaring natural gas and electricity prices…

California Lawmakers Look to Ban Offshore Drilling after Spill

Oct 06, 2021

Democratic members of Congress from California seized on the oil spill off the state's coast to promote federal legislation to ban all offshore oil drilling, as investigators searched for what caused the pipeline to burst.About 3,000 barrels (126…

Shell Restarts Gulf of Mexico Olympus Platform After Hurricane

Oct 04, 2021

Royal Dutch Shell on Monday said it has restarted production at its Olympus platform in the Mars Corridor in the Gulf of Mexico following repairs to portion of its West Delta 143 offshore facility in the aftermath of Hurricane Ida.The remaining assets in that corridor…

Current News

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Nigeria's NNPC Renews Oil Contracts to Produce 10 Bln Barrels

Nigeria's NNPC Renews Oil Contracts to Produce 10 Bln Barrels

Repair to Oil Pipe that Shut U.S. Offshore Output Due by End of Day

Repair to Oil Pipe that Shut U.S. Offshore Output Due by End of Day

Sapura Energy Wraps Sale of Sapura 3000 Pipelayer

Sapura Energy Wraps Sale of Sapura 3000 Pipelayer

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