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W&T Offshore completes $167 million deal expanding Gulf of Mexico stake

W&T Offshore completes $167 million deal expanding Gulf of Mexico stake

W&T Offshore has closed the previously-announced purchase of ExxonMobil interests in. Chairman and Chief Executive Officer Tracy W. Krohn will present at EnerCom’s ‘The Oil & Gas conference. W&T Offshore, Inc reported operational and financial results for the second quarter of 2019. W&T Offshore provided an operational update regarding the successful drilling of the Gladden...

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Saipem to establish a spoolbase in the US Gulf of Mexico

Saipem to establish a spoolbase in the US Gulf of Mexico

Saipem will establish a spoolbase on Greenwood Island, Pascagoula, Mississippi. Saipem has reached an agreement with Technip France SA. Saipem informed that, on that same date, the Tribunal of Algiers had pronounced a first instance judgment. Company serving as a highly specialized site designed to provide support for vessels performing pipelay activities. Saipem has been...

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Shell invests in PowerNap subsea tie-back in Gulf of Mexico

Shell invests in PowerNap subsea tie-back in Gulf of Mexico

Shell Offshore has elected to invest in its PowerNap deep-water project in the U.S. Gulf of Mexico. Shell announces a programme to invest in natural ecosystems as part of its strategy. Shell must remain at the forefront of the drive for greater corporate transparency. The project is expected to start production in late 2021 and...

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Shell Appomattox, Gulf of Mexico’s first HPHT program, receives BSEE approval

Shell Appomattox, Gulf of Mexico’s first HPHT program, receives BSEE approval

Shell’s Appomattox project, located in the Gulf of Mexico about 80 miles south of New Orleans. Shell opened an integrated lubricants and grease production facility in Tuas. Shell has launched a new range of fluids specifically designed to work in battery electric vehicles. It is the first high temperature project to gain Bureau of Safety....

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GulfSlope Energy launches shallow prospect program in the Gulf of Mexico

GulfSlope Energy launches shallow prospect program in the Gulf of Mexico

GulfSlope has announced the execution of a letter of intent with a privately held oil and gas company. GulfSlope Energy, Inc announced drilling results for the GulfSlope Energy. Company also announced that the OCS-G-35589 # 1 well on the Company’s Canoe Prospect on Vermilion Block 378. South Addition Block is located in approximately 300 feet...

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TGS, PGS partner with Bain Geophysical to create crustal study offshore East Canada

TGS, PGS partner with Bain Geophysical to create crustal study offshore East Canada

TGS and PGS have announced a partnership with Bain Geophysical Services to create a new regional study. The latest prestack time-migrated 3D GeoStreamer data is now available for the UK Moray Firth. Innovative seismic method improves the process of preparing drilling sites. GeoStreamer technology had a disruptive effect on seismic acquisition and processing. PGS’ latest...

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BSEE establishes investigation panels to address recent GOM incidents

BSEE establishes investigation panels to address recent GOM incidents

BSEE Gulf of Mexico Regional Director Lars Herbst has established two panels to investigate. He provided a presentation on exploration and production. BSEE is launching a safety initiative to bring critical safety information directly to offshore workers. BSEE released a report highlighting first-year results of the Risk-Based Inspection (RBI) Program. BSEE also released the final...

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ExxonMobil’s Gulf of Mexico sale draws interest from Repsol, Ineos

ExxonMobil’s Gulf of Mexico sale draws interest from Repsol, Ineos

ExxonMobil Corp. has drawn interest from Repsol SA. The study evaluates planned development activities over the next 40 years. Thirty one institutions of higher learning in New Jersey receive funds. It specialty thermoplastics help reduce vehicle. It ten-year agreement with National Renewable Energy Laboratory. The funding will be provided to the Red Cross to assist...

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Equinor reports oil observed on the sea surface at Statfjord

Equinor reports oil observed on the sea surface at Statfjord

In connection with loading oil from buoy to shuttle tanker on the North Sea Statfjord field. Norwegian energy giant Equinor is “working the details” of its next potential Scottish floating wind project. A new cost-reducing, first of its kind well abandonment tool developed by Aberdeen. Equinor ASA EQNR recently announced that the company has exercised...