Gulf of Mexico | Egypt Oil & Gas

Oil Prices Rise After US Election, Raising Concerns on Oil Supply

Oil prices have risen slightly following the US presidential election, as investors weigh the potential impact of a Trump presidency on oil supply and the effects of an approaching hurricane in the Gulf Coast.

TechnipFMC Secures iEPCI™ Contract for BP’s Greenfield Kaskida Development in Gulf of Mexico

TechnipFMC secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for BP’s greenfield Kaskida development in the Gulf of Mexico. The scope of work covers the design and ma ...

Transocean Secures $232 Million Ultra-Deepwater Drillship Contract in Mexico

Transocean has secured a year drilling contract worth $232 million for the Deepwater Atlas drillship with BP in the US Gulf of Mexico.

TotalEnergies Announces First Oil from Anchor Field in Gulf of Mexico

TotalEnergies has announced the start of production from the Anchor field, located 225 km offshore Louisiana in the US Gulf of Mexico.

Shell to Stop Crude Pipes in the Gulf of Mexico for Two Weeks

Shell announced its intention to shut down a crucial Gulf of Mexico crude oil pipeline that transports oil to refineries in Louisiana for two weeks in September.

TotalEnergies Announces the Sanction of Ballymore Field in Gulf of Mexico

TotalEnergies announced its approval on developing the Ballymore fiedl, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico. 

Shell to Invest in Whale Development in the Gulf of Mexico

Shell Offshore Inc, a Subsidiary of Royal Dutch Shell, announced that it has taken the final investment decision (FID) to invest in Whale, a deep-water development in the Gulf of Mexico.

BP Strikes Oil in Gulf of Mexico

BP has made a new oil discovery at Green Canyon Block 821 in the Puma West prospect in the deepwater US Gulf of Mexico.

BOEM to Sell 78.2 MM Acres in Latest Lease Sale

The Bureau of Ocean Energy Management (BOEM) is offering around 78.2 million acres of oil and gas exploration land for a region-wide Gulf of Mexico lease sale scheduled for March 2021.

BHP Acquires Furhter Interest in Shenzi

Australian oil and gas company, BHP, has acquired an additional 28% working interest in the Shenzi formation for $505 million from Hess Corporation.

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