Gulf of Mexico | Egypt Oil & Gas - Part 5

Gulf of Mexico Oil Platform Catches Fire, No Injuries Reported

A small offshore oil platform caught fire in shallow water near the coast of Louisiana on Friday and a sheen was seen in the sea after workers were evacuated, officials said.

Decade Old Gulf of Mexico Oil Leak Could Continue for Another Century

A decade-old oil leak where an offshore platform toppled during a hurricane could continue spilling crude into the Gulf of Mexico for a century or more if left unchecked, according to government estimates obtained by ...

Renewed Drilling Plans Near BP Oil Spill Epicenter Spark Concern

Just 3 miles from the catastrophic BP spill in the Gulf of Mexico, a Louisiana company is seeking to unlock the same oil and natural gas that turned into a deadly disaster.

New Technology to Reach Depths of Gulf of Mexico

Baker Hughes may have just solved one of the major problems facing oil and gas development in the Gulf of Mexico.

Despite Thawed Relations, US Not Lured by Cuba’s Oil

Cuba unveiled new data Wednesday that it said confirmed there were billions of barrels of oil beneath its Gulf of Mexico waters but admitted there was little interest in new exploration, even with the thaw in U.S. re ...

Mexico Reducing Number of Blocks Available for Tender Due to Oil Prices

Mexico’s government is preparing to downsize tenders of shale oil and gas blocks to oil companies, as low oil prices have reduced the profitability of the difficult-to-reach hydrocarbons, according to senior Mexican ...

Victims of BP Mexico Gulf Oil Spill Still Suffering

Five years after the largest oil spill in U.S. history spewed millions of gallons of crude into the Gulf of Mexico, many Louisiana oystermen are fearful that a once-bountiful population of the mollusks may never recover.

Noble Energy to Retire Three Drilling Rigs

Noble Corp. (NYSE: NE) has decided to retire the semisubmersible drilling rigs Noble Paul Wolff, Noble Driller, and Noble Jim Thompson.

US to Offer Over 41 Million Exploration Acres in Gulf of Mexico

As part of the Obama Administration’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Manageme ...

McDermott Completes Platform with Record Lift in Gulf of Mexico

McDermott International Inc.’s Derrick Barge 50 recently completed the installation of a drilling and production platform in the US Gulf of Mexico continental shelf that included the heavy lift of a 3,250-ton jacket.

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