Gulf of Mexico | Egypt Oil & Gas - Part 3

US to Offer 45m Acres in Exploration Bids in Gulf of Mexico

The US Bureau of Ocean Energy Management (BOEM) announced it would offer approximately 45m acres in the Gulf of Mexico for oil and gas exploration and development in two March lease sales.

Fire on Mexico’s Pemex Platform Kills Three Workers

A fire that broke out on a Pemex offshore Abkatun A Permanente processing platform in Mexico's oil-rich Bay of Campeche killed three workers and injured at least seven more, but the latest in a string of incidents is ...

Fieldwood Energy Signs Deal for Offshore Exploration in Mexico

Fieldwood Energy has signed a production sharing contract with Petrobal for two year offshore appraisal projects at Bay of Campeche in the Gulf of Mexico, which has estimated reserves of 68m barrels of light crude oi ...

Technip Wins Subsea Contract in Gulf of Mexico

Technip has won a lump sum contract by Deep Gulf Energy II to develop the Odd Job field in the ultra deepwater field in the Gulf of Mexico.

BP Faces Class Action Lawsuit in Mexico over Horizon Oil Spill

Sinaloa Class Actions (ACSinaloa), a Mexican non-governmental organization of lawyers specializing in environmental disasters, has filed a class action lawsuit against BP in Mexico over the 2010 Deepwater Horizon oil ...

Shell Adds Ultra Deep Water Facility to Gulf of Mexico

Royal Dutch Shell’s newest oil-production vessel, named the Turritella, set sail from Singapore this week for the world’s deepest underwater oil field, located in the Gulf of Mexico

BP Withdraws Appeal on Gulf of Mexico Oil Spill Payments

BP has withdrawn its legal appeal against a range of payments made to compensate individuals and businesses affected by the 2010 Gulf of Mexico oil spill.

New Federal Regulations Stifle Gulf of Mexico Drilling

Louisiana lawmakers testified recently that new federal drilling safety regulations will severally raise costs and reduce competitiveness, NOLA Media

Mexico’s Pemex Unlikely to Meet Production Targets

Petróleos Mexicanos, commonly known as Pemex, is unlikely to meet production goals for this year, The Wall Street Journal

Bill Introduced to Open Up Additional Gulf of Mexico Area to Drilling

The US Senate voted on a bill to allow additional oil drilling off the Florida coast, lifting a former moratorium on drilling within 50 miles of the coast, reported ABC News.

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