Oil & Gas

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GOM rig activity returning to normal after Harvey SEPTEMBER 4, 2017— The Bureau of Safety and Environmental Enforcement (BSEE) reports that offshore oil and gas operators in the U.S. Gulf of Mexico are re-boarding platforms and rigs and beginning to restore normal operations, following Tropical Storm Harvey.  The BSEE Hurricane Response Team continues to monitor the operators’ activities…
SEPTEMBER 12, 2017 — Offshore drilling contractor Seadrill Limited has today filed prearranged Chapter 11 cases in the Southern District of Texas together with an agreed restructuring plan. As part of the chapter 11 cases,…
SEPTEMBER 12, 2017 — The U.S. Department of Energy today released a new event summary on the impacts of Hurricane Harvey and Hurricane Irma. Widespread electrical outages continue, but more refineries are in operation, although…
SEPTEMBER 4, 2017— The Bureau of Safety and Environmental Enforcement (BSEE) reports that offshore oil and gas operators in the U.S. Gulf of Mexico are re-boarding platforms and rigs and beginning to restore normal operations,…
AUGUST 31, 2017 — Singapore's Sembcorp Marine Ltd reports that its wholly-owned subsidiary, PPL Shipyard Pte Ltd, has terminated two contracts with the subsidiaries of Perisai Petroleum Teknologi Bhd, for the construction of two jack-up…
AUGUST 30, 2017 — In a summary issued at 4.00 PM EDT today, the U.S. Department of Energy says that Tropical Storm Harvey continues to produce heavy rain across eastern Texas and western Louisiana, which…
AUGUST 29, 2017 — Analysts are attempting to predict the longer term impact as Tropical Storm Harvey continues its rampage through America's oil and gas industry heartland taking a toll on production, processing and distribution…
AUGUST 29, 2017 — Bergen, Norway, based Framo AS has won a contract to deliver pump systems (sea water lift pumps) for a potential Floating Storage Regasification Unit (FSRU) for the shipowner GasLog at Samsung…
AUGUST 28, 2017 — Azerbaijan's Baku Shipyard reports that its first newbuild, the Subsea Construction Vessel (SCV) Khankendi, has successfully completed sea trials. Ordered in April 2014 under a US$378 million from BP Exploration (Shah…
AUGUST 21, 2017 — The Boards of Total SA and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil),…
AUGUST 16, 2017 — U.S. Secretary of the Interior Ryan Zinke today announced that the region-wide Gulf of Mexico Lease Sale 249 generated $121,143,055 in high bids for 90 tracts covering 508,096 acres in federal…
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