US Oil Output Falls 3.6% in August

• Sunday, 1st November 2020
• by Editorial Team

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 

• Tuesday, 6th October 2020
• by Editorial Team

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 deepw ...

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

• Wednesday, 23rd September 2020
• by Editorial Team

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 ...

Shell Looking to Cut Production Costs by up to 40%

• Monday, 21st September 2020
• by Editorial Team

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

• 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.