Category: Gulf of America
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US sets the date for third Gulf of America oil & gas lease sale
US sets the date for third Gulf of America oil & gas lease sale The U.S. Bureau of Ocean Energy Management (BOEM) has proposed the date for the third offshore lease sale out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act. The…
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New player enters US Gulf oil & gas playground with $3.2B LLOG buy
New player enters US Gulf oil & gas playground with $3.2B LLOG buy London-listed oil and gas company Harbour Energy has brought into its fold the U.S.-headquartered LLOG Exploration Company (LLOG), marking its strategic entry into the deepwater U.S. Gulf of America (the U.S. Gulf of Mexico). The post New player enters US Gulf oil &…
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15,066 blocks up for grabs in next US offshore oil & gas lease sale
15,066 blocks up for grabs in next US offshore oil & gas lease sale The U.S. Bureau of Ocean Energy Management (BOEM) has taken further steps to conduct the second offshore oil and gas lease sale under the One Big Beautiful Bill Act, which encompasses thirty Gulf of America (U.S. Gulf of Mexico) oil and gas…
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First oil & gas well in US Gulf now online, second set to follow suit shortly
First oil & gas well in US Gulf now online, second set to follow suit shortly Beacon Offshore Energy, a Texas-based exploration and production company, has brought its initial well on stream at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilled another one, which is anticipated to begin production…
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TGS embarks on large-scale long-offset multi-client OBN gig in US Gulf
TGS embarks on large-scale long-offset multi-client OBN gig in US Gulf Norway’s energy data and intelligence company TGS has kicked off a new multi-client long-offset ocean bottom node (OBN) acquisition campaign in the Gulf of America (the U.S. Gulf of Mexico). The post TGS embarks on large-scale long-offset multi-client OBN gig in US Gulf appeared first…
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Borr Drilling’s rig duo finds more work in US and Mexico
Borr Drilling’s rig duo finds more work in US and Mexico Bermuda-based offshore drilling contractor Borr Drilling has won a new assignment in the United States (U.S.) with an undisclosed operator for one premium jack-up rig and a contract extension with Italy’s Eni for another off the coast of Mexico. The post Borr Drilling’s rig…
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Shell hits black gold in Gulf of America
Shell hits black gold in Gulf of America A U.S. subsidiary of the UK-headquartered energy giant Shell has found more oil during drilling operations with one of Transocean’s drillships in the U.S. Gulf of America (Gulf of Mexico). The post Shell hits black gold in Gulf of America appeared first on Offshore Energy. Melisa Cavcic…
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$3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour
$3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s…
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BP fires up 7th major project: First oil achieved two months ahead of schedule in US Gulf
BP fires up 7th major project: First oil achieved two months ahead of schedule in US Gulf BP has put into production mode an expansion project in the U.S. Gulf of America (Gulf of Mexico), as its seventh major upstream project that started up this year and the fifth to come online earlier than planned.…
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Seatrium awarded second deepwater FPU contract from BP
Seatrium awarded second deepwater FPU contract from BP Seatrium Limited has been awarded a contract from BP Exploration and Production Inc. for the engineering, procurement, construction and onshore commissioning of the Tiber Floating Production Unit (FPU) project in the Gulf of America. The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP Exploration, further…
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Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat
Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat The Trump administration’s draft five-year offshore leasing plan continues to run the gauntlet of […] The post Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal…
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Second of 30 US offshore oil & gas lease sales on the agenda for March
Second of 30 US offshore oil & gas lease sales on the agenda for March The U.S. Bureau of Ocean Energy Management (BOEM) has revealed a proposed notice of sale for the next offshore oil and gas lease sale under the One Big Beautiful Bill Act, which is the second of thirty Gulf of America (U.S.…
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BP books SLB OneSubsea for work on its Gulf of America oil project
BP books SLB OneSubsea for work on its Gulf of America oil project UK-headquartered energy giant BP has tasked SLB OneSubsea, a joint venture between SLB (formerly Schlumberger), Aker Solutions, and Subsea7, with a subsea boosting mission for its deepwater greenfield development in the Gulf of America (U.S. Gulf of Mexico). The post BP books…
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BOEM moves ahead on Gulf of America and Cook Inlet offshore lease sales
BOEM moves ahead on Gulf of America and Cook Inlet offshore lease sales The Bureau of Ocean Energy Management (BOEM) today announced two major steps toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. The agency released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 1 (BBG1), the…
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NOIA depicts Gulf of America as anchor of US energy independence and maritime strength
NOIA depicts Gulf of America as anchor of US energy independence and maritime strength A new report, published by the National Ocean Industries Association (NOIA), has painted the Gulf of America (Gulf of Mexico) as one of the world’s most valuable and dynamic offshore energy regions, spotlighting it as a critical engine of innovation, economic…
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Tampnet powers LLOG’s deepwater oil project in US Gulf with digital infrastructure
Tampnet powers LLOG’s deepwater oil project in US Gulf with digital infrastructure Tampnet, a Norway-headquartered provider of offshore high-capacity and low-latency connectivity services, has been tasked with the provision of high-capacity digital infrastructure for a deepwater project in the Gulf of America (Gulf of Mexico) that uses a refurbished floating production unit (FPU). The post…
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Legal setback for US LNG arena: Court nixes $11 billion Gulf Coast project’s permit
Legal setback for US LNG arena: Court nixes $11 billion Gulf Coast project’s permit A wave of planned U.S. liquefied natural gas (LNG) projects is perceived to be under scrutiny in the aftermath of a recent court ruling, which revoked a permit for an LNG export terminal over alleged climate harms. This decision is anticipated to…
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BP to go ahead on Tiber-Guadalupe floating production platform project in Gulf of America
BP to go ahead on Tiber-Guadalupe floating production platform project in Gulf of America BP has reached a final investment decision (FID) to go ahead on the Tiber-Guadalupe floating production platform project, approving its second new production platform in less than two years in the Gulf of America. “Our decision to move forward on the…
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As first oil gushes out of Gulf of America FPU, production ramp-up coming next quarter
As first oil gushes out of Gulf of America FPU, production ramp-up coming next quarter LLOG Exploration has brought online a deepwater project in the Gulf of America (Gulf of Mexico) using a refurbished floating production unit (FPU). The firm plans to step up its oil production game at this project in the fourth quarter…
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TGS embarks on multi-client OBN survey in Gulf of America
TGS embarks on multi-client OBN survey in Gulf of America Norway-based energy data and intelligence player TGS has kicked off a new multi-client ultra-long offset ocean bottom node (OBN) data acquisition campaign in the Gulf of America (the U.S. Gulf of Mexico). The post TGS embarks on multi-client OBN survey in Gulf of America appeared…
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TGS and Viridien finish survey over BP’s Gulf of America field
TGS and Viridien finish survey over BP’s Gulf of America field Norwegian energy data and intelligence company TGS and French geophysical services company Viridien, formerly CGG, […] The post TGS and Viridien finish survey over BP’s Gulf of America field appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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WoodMac deems recent US oil find as Gulf of America’s biggest discovery in eight years
WoodMac deems recent US oil find as Gulf of America’s biggest discovery in eight years In the aftermath of a recent black gold discovery in the Gulf of America, formerly the U.S. Gulf of Mexico, Wood Mackenzie, an energy intelligence group, has provided its take on the significance of the new oil find, describing it…
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BP kicks off US Gulf extension project early, reinforcing oil & gas focus
BP kicks off US Gulf extension project early, reinforcing oil & gas focus The U.K.-headquartered energy giant BP has started up the extension project bringing more oil to its platform in the U.S. Gulf of America. The post BP kicks off US Gulf extension project early, reinforcing oil & gas focus appeared first on Offshore…
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Billion-dollar rig jobs raise Valaris’ backlog to $4.7B
Billion-dollar rig jobs raise Valaris’ backlog to $4.7B Valaris has won a new batch of rig assignments and extensions, enabling three drillships and three jack-ups to secure work in different geographies. The post Billion-dollar rig jobs raise Valaris’ backlog to $4.7B appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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As $53 billion Chevron-Hess merger crosses the finish line, oil & gas assets’ fusion comes next
As $53 billion Chevron-Hess merger crosses the finish line, oil & gas assets’ fusion comes next Chevron has cleared all the hurdles in its path to bring Hess Corporation, a fellow oil and gas player, into its fold. As a result, the companies are taking steps to blend their operations, enabling Chevron to expand its oil…
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ExxonMobil entrusts EnerMech with deepwater decom job at oil & gas project in US Gulf
ExxonMobil entrusts EnerMech with deepwater decom job at oil & gas project in US Gulf EnerMech, an Aberdeen-headquartered integrated solutions specialist, has secured a new decommissioning assignment for a 25-year-old oil and gas project in the Gulf of America, formerly the U.S. Gulf of Mexico. The post ExxonMobil entrusts EnerMech with deepwater decom job at oil…
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US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement
US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement A new biological opinion for the Gulf of America, formerly the U.S. Gulf of Mexico, has forestalled the risk of ending new and existing oil and natural gas operations, staving off the danger to American energy security, based on…
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Chevron and TotalEnergies flow first oil & gas from Gulf of America project
Chevron and TotalEnergies flow first oil & gas from Gulf of America project Two oil majors, U.S.-based Chevron and France-headquartered TotalEnergies, have brought online a deepwater oil and natural gas project in the Gulf of America, formerly the U.S. Gulf of Mexico. The post Chevron and TotalEnergies flow first oil & gas from Gulf of…
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BP and Chevron’s drilling ops yield black gold in Gulf of America
BP and Chevron’s drilling ops yield black gold in Gulf of America Two oil majors, BP and its partner, Chevron, have found more oil in the Gulf of America, formerly the U.S. Gulf of Mexico. The post BP and Chevron’s drilling ops yield black gold in Gulf of America appeared first on Offshore Energy. Melisa…
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Genesis in action: Oil platform comes back to life as artificial reef
Genesis in action: Oil platform comes back to life as artificial reef A new lease on life has been bestowed upon an offshore platform that brought over 120 million barrels of oil to the energy market during its lifetime. The post Genesis in action: Oil platform comes back to life as artificial reef appeared first…
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Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons
Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays. The post Tight budgets and shrinking pool of oil & gas prospects…
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US eyes June 2025 lease round to reclaim ‘energy dominance’ with fresh Gulf of America acreage
US eyes June 2025 lease round to reclaim ‘energy dominance’ with fresh Gulf of America acreage The United States Department of the Interior has instructed its Bureau of Ocean Energy Management (BOEM) to hold the next scheduled oil and gas lease sale in the Gulf of America. The post US eyes June 2025 lease round…
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US Gulf rig fleet facing ‘steep’ drop in activity but improvements on the cards next year
US Gulf rig fleet facing ‘steep’ drop in activity but improvements on the cards next year As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace…
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$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza
$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom. The post $1.3 trillion…
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Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect
Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect Will Trump’s upcoming oil and gas era be a setback, holding back U.S. renewables’ progress, or a shot in the arm galvanizing greener zest? The post Trump makes good on all his energy promises:…