Gulf of Mexico
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The paper reviews the types of renewable energy used in oil and gas fields that have appeared in the literature. Use of renewables offers many advantages, including saving hydrocarbon resources, minimizing the oil industry’s GHG emissions, and enhancing its public image.
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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.