Gulf of Mexico
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Energy companies began preparations to resume oil and gas production in the US Gulf of Mexico a day after Tropical Storm Cristobal blew through with high winds and heavy rains. -
Forecasts are lowered for levels of E&P, budgets, and project sanctioning.
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The economic impact report looked at scenarios involving current policies and potential bans on both drilling permits and offshore leases.
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The A-frame is DNV certified. TechnipFMC’s ROVs will deploy in GoM later this year.
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The deferments are the latest actions Shell has taken in response to record low crude prices.
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Both platforms offshore assets were shut in following a leak in ExxonMobil's 100,000 B/D pipeline system.
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Subsea 7’s installation services contract is the latest Chevron award for its Anchor field project. First oil from the project is expected in 2024.
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The Monument well represents the Norwegian operator’s first deepwater drilling project in US waters in 5 years.
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The umbilicals will be designed and manufactured at Aker Solutions’ facility in Alabama.
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Oil and gas operators played it safe in the latest offshore auction by placing about half the high bids typically made. As a result, the total dollar commitment for the round was the lowest since 2017.
