BP is facing a legal bill of nearly $4 billion after admitting a series of criminal charge in relation to the explosion on the Deepwater Horizon rig and oil spill two and a half years ago.
[Read more ] • 16.11.2012
Statoil and ExxonMobil have selected FMC Technologies for the supply of subsea equipment for the Julia field development in the US Gulf of Mexico.
[Read more ] • 17.05.2013
ExxonMobil has revealed that the deepwater Julia field development in the US Gulf of Mexico which is to be progressed jointly with Statoil will cost in the region of US $4 billion.
[Read more ] • 10.05.2013
Statoil along with ExxonMobil has decided to go ahead with the Julia subsea field development in the US Gulf of Mexico which will be tied back 15 miles to the Chevron-operated Jack and St Malo development.
[Read more ] • 08.05.2013
BP has struck a deal to sell off US $5.5 billion worth of its Gulf of Mexico properties as part of its ongoing divestment programme in the wake of the Macondo oil spill two years ago.
[Read more ] • 11.09.2012
BP said today the first phase of a trial over the Deepwater Horizon accident in the US Gulf of Mesxico three years ago has demonstrated its belief that it was not negligent and that the incident was the result of a series of “multiple causes involving multiple parties.”
[Read more ] • 30.04.2013
Provision of deepwater well safety technology is being stepped up with the launch in Houston of a new offshore emergency response team.
[Read more ] • 26.03.2013
Energy services contractor Subsea 7 has booked a new deal worth US $140 million for work offshore Mexico.
[Read more ] • 10.01.2013
Technip has landed a deal to deliver Front End Engineering and Design on another deepwater spar platform for the US Gulf of Mexico – for a second phase of BP's Mad Dog development.
[Read more ] • 30.04.2012
Oslo-listed TGS has secured industry funding for a new 3D seismic survey across the central region of the US Gulf of Mexico.
[Read more ] • 14.12.2012
Noble Energy is set to collect US $79 million after securing deals to sell two jack up rigs.
[Read more ] • 11.12.2012
Total has struck new oil in the deepwater Gulf of Mexico with its North Platte discovery in Garden Banks block 959.
[Read more ] • 05.12.2012
BP and Cameron which designed the blow out preventer on the Deepwater Horizon have settled their legal dispute over the incident.
[Read more ] • 16.12.2011
BP has made a major find offshore Trinidad which it says contains at least one trillion cubic feet of gas.
[Read more ] • 20.11.2012
London-listed Leni Oil and Gas (LGO) has secured a deal to exit from two shallow water leases in the US Gulf of Mexico which will provide cash for furthering interests in Trinidad.
[Read more ] • 05.11.2012
Two Trinidad-focused explorers have declared their intention to combine.
[Read more ] • 15.10.2012
Bankrupt ATP Oil and Gas Corporation has reached agreement on US $617 million of new financing which should allow it to complete projects in the US Gulf of Mexico.
[Read more ] • 07.09.2012
A Houston-based energy consult Knowledge has released a comprehensive new data book covering deepwater region in the US Gulf of Mexico.
[Read more ] • 26.07.2012
Statoil is sitting on a pile of new assets today after winning 26 new leases in the US Central Gulf of Mexico in the first bid round for two years.
[Read more ] • 21.06.2012
Oslo-listed TGS has kicked off another new wide azimuth seismic survey in the US Gulf of Mexico.
[Read more ] • 23.05.2012
Nexen has failed to prove up oil in a sub-salt deepwater well in the US Gulf of Mexico.
[Read more ] • 08.05.2012
BP has chosen Amec to engineer the topsides for the Mad Dog phase two spar platform for the deepwater Gulf of Mexico.
[Read more ] • 01.05.2012
BP claims that a US court ruling over the Gulf of Mexico Deepwater Horizon accident has rejected the view that Transocean was indemnified for its liabilities from the disaster.
[Read more ] • 27.01.2012
Initial results from a 3D seismic survey in the Bahamas have provided better definition of potential hydrocarbon structures identified from earlier data and which will form the basis for future drilling.
[Read more ] • 16.01.2012
Operator Anadarko has opted to use Aker Solutions to supply umbilicals for its deepwater Lucius development in the US Gulf of Mexico.
[Read more ] • 13.01.2012
BP is reported to be facing criminal charges over the Macondo oil spill and Deepwater Horizon disaster early in the New Year from the US Department of Justice.
[Read more ] • 30.12.2011
British-based Wood Group's Mustang Engineering subsidiary has bagged a deal to perform topsides engineering for the forthcoming Lucius spare development in the US Gulf of Mexico.
[Read more ] • 20.12.2011
Anadarko has selected Technip to supply another spar platform for the deepwater Gulf of Mexico region.
[Read more ] • 19.12.2011
Prosafe's accommodation vessel Safe Hibernia is to remain at the Gulf of Mexico's Cantarell field for longer after securing a contract extension.
[Read more ] • 13.12.2011
Two subsidiaries of British-based Wood Group have won deals to provide technical support to the not-for-profit Marine Well Containment Company in the US Gulf of Mexico related to handling any future blowouts.
[Read more ] • 07.12.2011