U.S. energy firms this week added oil and natural gas rigs for a 14th month in a row as more offshore units in the Gulf of Mexico returned to service after shutting when Hurricane Ida slammed into the coast in late August.This week, 3 offshore rigs returned in the Gulf of Mexico…
Equinor on Friday said production was still down at its Titan oil platform in the Gulf of Mexico, which it said had sustained limited damage due to Hurricane Ida.Some 76% of crude production, or 1.39 million barrels per day (bpd), and over 1…
More than 80% of oil production in the Gulf of Mexico remains shut in after Hurricane Ida, a U.S. regulator said on Monday, more than a week after the storm made landfall and hit critical infrastructure in the region.Energy companies have been…
U.S. energy firms [last] week added oil and natural gas rigs for a fourth week in a row as more storm-hit offshore units resumed service in the Gulf of Mexico, and as crude prices this week hit three-year highs, prompting drillers to return to the wellpad…
The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, said on Friday it made no deliveries of sour crude from storage last month, following two storms that hit the U.S. Gulf Coast.The facility closed on August 28 ahead of Hurricane Ida…
U.S. energy firms this week added oil and natural gas rigs for a second week in a row although the number of offshore units in the Gulf of Mexico remained unchanged after Hurricane Ida slammed into the coast over two weeks ago.Fourteen offshore…
BP on Wednesday said all four of its offshore facilities in the Gulf of Mexico have resumed operations, having been brought back online and producing as of Sept. 12 post-Hurricane Ida.The company on Sept. 7 said it had resumed operations at its Atlantis and Mad Dog platforms…
Oil markets climbed for a sixth day on Tuesday, boosted by a tighter supply and firm demand outlook, but power shortages in China which hit factory output tempered the rally.Brent crude futures gained 67 cents, or 0.8%, to $80.20 a barrel at 1016 GMT…
Royal Dutch Shell Plc is beginning the redeployment of personnel to its Appomattox platform in the Gulf of Mexico while damage assessments are continuing at its West Delta-143 (WD-143) offshore facility after Hurricane Ida.As of Wednesday, more than three-quarters of the U…
Royal Dutch Shell Plc said its Enchilada/Salsa and Auger assets in the Gulf of Mexico were back online after they were shut due to Hurricane Ida.'Our Enchilada/Salsa and Auger assets are now back online,' Shell said in a statement late on Friday about the facilities southwest of New Orleans…
Crude prices have climbed to the upper-$70s, sustained by continued demand growth and the OPEC+ production curtailment agreement. Excess oil inventory has largely been eliminated, natural gas supply shortages have appeared in Europe and LNG prices have soared…
Oil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for $80 amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions.Brent crude was up 92 cents or 1…
Classification society and energy industry consultancy DNV has published a new Technical Note (TN) providing principles for determining site extreme wind speeds for wind farms caused by tropical cyclones. The company produced the document after…
Royal Dutch Shell Plc is beginning to redeploy staff to its Mars platform in the Gulf of Mexico, the company said on Thursday, after Hurricane Ida forced the closure of some offshore facilities.Shell had started sending staff this week to its Enchilada/Salsa…
Offshore drilling contractor Noble Corporation has sent a force majeure notice to its client Shell over the Noble Globetrotter II drillship contract after the rig was damaged earlier this week in the U.S. Gulf of Mexico in severe weather during Hurricane Ida…
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