Gulf of Mexico

DEA Deutsche Erdoel is buying Sierra Oil & Gas, giving the German operator stakes in six new blocks off Mexico—including the Zama discovery, where appraisal drilling is now under way.

The Gulf Research Program of the National Academies of Sciences, Engineering, and Medicine has announced a new collaboration to support a pilot effort to convert an existing ocean mooring owned by Shell into the first long-term deep ocean observatory in the Gulf of Mexico.

Majors BP and Chevron have overcome development challenges and delays to launch their respective Clair Ridge and Big Foot projects.

An oil spill that has been quietly leaking millions of barrels into the Gulf of Mexico has gone unplugged for so long that it now verges on becoming one of the worst offshore disasters in US history.

The expansion is expected to boost production of the deepwater Gulf of Mexico platform by approximately 30,000 BOE/D. It is the fourth major upstream project to begin production for BP in 2018.

The new venture will operate several deepwater assets—including the Cascade, Chinook, Medusa, and Thunder Hawk fields.

The Port Fourchon, Louisiana, facility will serve as the base for the company’s operations in the area. Its subsea services group has performed multiple hydrate remediation projects in the US Gulf of Mexico since its formation.

Despite a trend toward renewables and low-carbon energy production among European majors, Total remains wholeheartedly committed to deepwater production.

The emissions intensity of upstream Canadian oil sands production will continue to decline in coming years, falling to 30% below 2009 levels by 2030, a new report by business information provider IHS Markit says.

What do 60,000 sensors on 1,200 pieces of equipment add up to? Hopefully, hundreds of millions of dollars in savings.