A unit of Mexico's Grupo Carso, controlled by the family of Mexican billionaire Carlos Slim, said on Thursday it has purchased a minority stake in Talos Energy Mexico for $124.75 million to obtain a portion of the offshore Zama oil project.The acquisition needs approval of Mexican regulators, Carso said in its statement.The Mexican subsidiary of Houston-based Talos Energy, which discovered Zama in 2017…
The U.S. Coast Guard said Sunday it had medevaced an oil platform crewmember 23 miles southwest of Port Fourchon, Louisiana, Saturday.Coast Guard Sector New Orleans watchstanders received a notification at 4:19 a.m. of a 33-year-old crewmember…
Norwegian offshore vessel operator Island Offshore has recently secured work for its Island Victory vessel, which will install a mooring spread for an FSRU (Floating Storage Regasification Unit) for an undisclosed client. The contract kicks in the autumn of 2023 and has a duration of 90-120 days…
Enterprise Products Partners' Sea Port crude oil export terminal off the coast of Texas could begin operations between the second half of 2026 and early 2027, the pipeline operator's co-CEO said on Thursday. The terminal, planned for about 30 miles (48 km) off the coast of Texas…
Norway-based seismic data firm TGS in a strategic collaboration with oilfield services firm SLB on Thursday announced the start of the Engagement 4 Ocean Bottom Node (OBN) multi-client acquisition in the U.S. Gulf of Mexico.According to TGS…
Offshore services company DeepOcean has won a contract to provide post-lay trenching works on 30 kilometers of pipeline offshore Mexico. DeepOcean will execute the post-lay trenching works from the M/S Volantis subsea construction vessel, which is equipped DeepOcean’s high powered jet trencher UT-1…
Grand Isle LNG is proposing to build an LNG export facility, thirteen miles south of Grand Isle, Louisiana, in Plaquemines Parish, promising significant economic benefits to the region.The proposed deepwater port is a platform-based modular design…
Oilfield services company TechnipFMC said Thursday it had secured an integrated engineering, procurement, construction, and installation contract with the oil giant Shell for its Dover development in the U.S. Gulf of Mexico. TechnipFMC said the contract was 'significant' in value…
The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday.'Coast Guard Sector Houston-Galveston watchstanders received a report at approximately 3 a.m. from…
The US Bureau of Safety and Environmental Enforcement (BSEE) has released Safety Alert 463: Adaptation and Modification of Tool Results in Injury.The alert describes how a worker was recently injured while attempting to install a hydraulic line…
The US National Ocean Industries Association (NOIA) has released a study on global oil production emissions that finds that the greenhouse gas intensity of US oil production, particularly in the U.S. Gulf of Mexico, is significantly lower than most other regions around the world…
BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions. The move comes as companies…
Mexican national oil company Pemex said on Wednesday its net profit almost halved in the first quarter to $3.15 billion, as weaker sales outweighed lower costs and currency gains from a stronger peso.In a securities filing, Pemex said profit declined from about $6…
Oil company LLOG Exploration Offshore has awarded a subsea installation contract to Subsea 7 as part of its Salamanca development project in the U.S. Gulf of Mexico.The Salamanca development project includes the Leon and Castile offshore oil fields…
Operator Wintershall Dea and its partners Harbour Energy and Sapura OMV have made a significant oil discovery on the Kan exploration prospect in Block 30, located in the shallow waters of the Cuenca Salina in the Sureste Basin, offshore Mexico…
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