GoM Lease Sale 251: Signs of returning confidence

AUGUST 15, 2018 — Today’s region-wide offshore oil and gas Lease Sale 251 generated $178,069,406 in high bids for 144 tracts covering 801,288 acres in federal waters of the Gulf of Mexico.

Danos wins coatings contract for Shell deep water platform

JUNE 14, 2018 — Shell Exploration and Production Company has awarded Gray, LA, headquartered oilfield service provider Danos a coatings contract for its Appomattox platform in the Gulf of Mexico. The coatings

Shell’s Vito deepwater project: “Break-even at $35 per barrel”

MAY 9, 2018 — The downturn in the price of oil over the past few years forced oil and gas producers to rethink their approach to deepwater offshore oil and gas development.

Giant lease sale seen as “modestly active”

MARCH 21, 2018 — Interior Assistant Secretary for Land and Minerals Management Joe Balash today announced that region wide Gulf of Mexico Lease Sale 250 conducted today by Interior’s generated $124,763,581 in

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

Barge fire in GoM extinguished, vessel adrift

AUGUST 4, 2017—The Gulfport (Mississippi) Fire Department reports that it has extinguished a fire aboard a tank barge carrying 2,500 tons of anhydrous ammonia and 800 gallons of diesel fuel about 2

Gulf of Mexico’s “Dead Zone” grows

AUGUST 3, 2017—The Gulf of Mexico’s “Dead Zone” is growing and it’s the largest it has ever been—relatively the size of New Jersey—according to a team of scientists. The current Gulf of

Next Gulf lease sale terms offer sweetener for shallow water leases

JULY 14, 2017—The U.S. Department of the Interior is to offer 75.9 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development in a region-wide lease

Strong crude exports from North Sea, GOM

APRIL 19, 2017—While overall seaborne demand for Very Large Crude Carriers (VLCC) and Suezmax tankers was down 4.6% in the first quarter of this year as compared with the previous quarter, there

Cashman acquires three deck barges

OCTOBER 26, 2016—Continuing to expand its global fleet, Cashman Equipment Corp., Braintree, MA, reports that it has added three 330 ft x 110 ft x 20 ft ballastable deck barges. The newly