Gulf of Mexico

The Tiber FPU is expected to follow the Kaskida hub currently being built in Singapore.

Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?

This study examines the implementation of a predictive maintenance method using artificial intelligence and machine learning for offshore rotating production-critical equipment. Conducted over 2 years at Murphy Oil’s deepwater platforms in the Gulf of Mexico, the project aimed to detect equipment issues early, reduce downtime, and streamline maintenance processes.

At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.

The decision invokes a 1953 law that will make it difficult for incoming US President Donald Trump to reverse.

Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.

The formal design and construction contract award comes after an LOI for the work was signed this past summer.

First oil from Beacon Offshore’s Shenandoah is on track for the second quarter of 2025. Project partners also have sanctioned a second phase of development and are advancing plans for a related project.

Supermajor reached a final investment decision on a two-well subsea development to be hosted by the Perdido spar platform in the deepwater Gulf of Mexico.

The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.