Gulf of Mexico

With global decommissioning activities forecast to reach $100 billion through 2030, early planning for it could go far in helping to minimize risk and associated costs.

Production from the Dover field is expected to start in late 2024 or early 2025.

Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.

Offshore work related to the contract is slated to begin in 2024.

Italian company finds 200 million BOE with its Block 7 exploration well.

The first of two exploration wells planned to be drilled in Mexico's Block 30 is being hailed as a success by the German operator.

The semisubmersible host is the centerpiece of BP’s $9-billion Mad Dog Phase 2 project.

In August 2020, scientists spent 10 days doing airborne surveys of more than 50 platforms in the Gulf of Mexico. Their results revealed a climate impact twice as large as that estimated by government inventories.

A recent report released from the National Academies of Sciences, Engineering, and Medicine shows improvement in measurement and management of systemic risk in Gulf of Mexico oil and gas operations but adds that progress lags in some areas.

The appraisal results are not enough to push development forward.