Gulf of Mexico

  • BP Strikes Oil in Gulf of Mexico

    BP Strikes Oil in Gulf of Mexico

    Thursday, 15th April 2021

    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

    BOEM to Sell 78.2 MM Acres in Latest Lease Sale

    Wednesday, 18th November 2020

    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

    BHP Acquires Furhter Interest in Shenzi

    Sunday, 8th November 2020

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

  • US Oil Output Falls 3.6% in August

    US Oil Output Falls 3.6% in August

    Sunday, 1st November 2020

    US oil output fell 3.6% to 10.6 million barrels per day (mmbbl/d) in August as the offshore Gulf of Mexico production collapsed to a near seven-year low.

  • BHP Acquires Additional 28% in the Gulf of Mexico Shenzi 

    BHP Acquires Additional 28% in the Gulf of Mexico Shenzi 

    Tuesday, 6th October 2020

    Australian oil and gas company, BHP, has signed a Membership Interest Purchase and Sale Agreement with Hess Corporation to acquire an additional 28% working interest in Shenzi, a six-lease development in the deepwater Gulf of Mexico.

  • BOEM to Increase Oil, Gas Production in the Gulf of Mexico

    BOEM to Increase Oil, Gas Production in the Gulf of Mexico

    Wednesday, 23rd September 2020

    The Bureau of Ocean Energy Management (BOEM) and  Bureau of Safety and Environmental Enforcement (BSEE) has announced the advancement of new research into policy changes regarding increased oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico.

  • Shell Looking to Cut Production Costs by up to 40%

    Shell Looking to Cut Production Costs by up to 40%

    Monday, 21st September 2020

    Royal Dutch Shell is looking to slash up to 40% off the cost of oil and gas production in order to invest heavily in the energy transition.

  • Morrison Completes Pipeline Installation in the Gulf of Mexico

    Morrison Completes Pipeline Installation in the Gulf of Mexico

    Sunday, 13th September 2020

    Morrison, an oil and gas service company, has successfully completed the installation of Byron Energy Limited’s South Marsh Island Blocks 58 & 59 oil and gas sales pipelines in the Gulf of Mexico, marking more than 5.5 million feet of pipe laid by Morrison in the Gulf of Mexico.

  • BOEM to Offer 78.8 MM Acres in Oil, Gas Lease Sale

    BOEM to Offer 78.8 MM Acres in Oil, Gas Lease Sale

    Sunday, 19th July 2020

    The Bureau of Ocean Energy Management (BOEM) set to offer 78.8 million Acres in Lease Sale 256 scheduled for November 2020.

  • Pemex, Talos Instructed to Find Resolution Over Zama Discovery

    Pemex, Talos Instructed to Find Resolution Over Zama Discovery

    Thursday, 9th July 2020

    Mexican state-run oil company Pemex and America’s Talos Energy Inc have been ordered by the energy ministry to find a resolution over how they will jointly develop the large Zama offshore oil discovery.