Morrison Completes Pipeline Installation in the Gulf of Mexico

• Sunday, 13th September 2020
• by Editorial Team

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 tha ...

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

• Sunday, 19th July 2020
• by Editorial Team

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

• Thursday, 9th July 2020
• by Editorial Team

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.

US Crude Production Falls by 0.2% in March

• Sunday, 31st May 2020
• by Editorial Team

US Crude oil production fell by 0.2%, or 28,000 barrels of oil per day (bbl/d), to 12.7 million barrels per day (mmbbl/d).

Malaysia’s SapuraKencana Wins Pipeline Deal in Mexico

• Tuesday, 26th July 2016
• by Egypt Oil & Gas

Malaysia’s largest oil and gas company by market capitalization, SapuraKencana Petroleum, has won a $113m contract to place a new pipeline in Mexico.

Gulf of Mexico Fire Halts Various Pipelines’ Operations

• Thursday, 30th June 2016
• by Egypt Oil & Gas

At least two offshore oil and natural gas platforms have stopped operations in the US Gulf of Mexico after an Enterprise Product Partners LP plant had caught fire in Pascagoula, Mississippi.

BP to Pay Investors $175m Over Deepwater Horizon Oil Spill

• Sunday, 5th June 2016
• by Egypt Oil & Gas

BP has agreed to pay $175m to settle claims that it deceived shareholders by underplaying the severity of the 2010 Gulf of Mexico oil spill. Their claim was based on the allegation that BP publicly “lowballed” the am ...

Shell Spills Nearly 2,100 Barrels of Oil into Gulf of Mexico

• Thursday, 19th May 2016
• by Egypt Oil & Gas

An oil spill from Royal Dutch Shell’s offshore Brutus platform has released 2,100 barrels of crude oil (88,200 gallons) into the US Gulf of Mexico.

Australian Entek Energy Exits Gulf of Mexico

• Thursday, 12th May 2016
• by Egypt Oil & Gas

Australian Entek Energy has entered into an agreement with Houston-based Peregrine Oil & Gas to sell the company’s entire Gulf of Mexico portfolio for almost $3m as market conditions continue to take their toll.

BP to Pay $20b in Environmental Damage Over 2010 Oil Spill

• Thursday, 7th April 2016
• by Egypt Oil & Gas

In the largest environmental settlement in the US history, oil and gas giant BP will pay over $20b to the American government over damages caused by an rig explosion and oil spill on April 20, 2010 in the Gulf of Mex ...