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Gulf Oil

Rigs' Parts Lack Third-Party Endorsements

According to an Associated Press report from August 31, the equipment failures blamed for the Gulf oil spill might have been detected if the owners of the Deepwater Horizon continued to have the rigs’ drilling equipment verified by independent experts — something federal regulators mistakenly thought was happening offshore. This lapse in the offshore energy industry's safety net has emerged as a key finding in the joint federal inquiry by the Coast Guard and Bureau of Ocean Energy Management, Regulation and Enforcement into the largest offshore oil spill in U.S. history. (Source: Associated Press)  


Hurricane Patterns Could Crimp Gulf Oil Production

According to Salomon Smith Barney's mid-year weather outlook, the La Nina weather pattern stands to increase the number of hurricanes in the Gulf of Mexico this season and energy operations in the area must be monitored closely for any disruptions the storms may inflict,.


National Oil Spill Commission Date for Final Report

National Oil Spill Commission Set a Press Conference Date to Release Its Final Report: Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling   Who:        Commission Members                    Sen. Bob Graham, Co-Chair                    William K


SeaArk Marine Responds to Gulf Oil Spill

  SeaArk Marine, Inc, of Monticello, Ark. has announced immediate plans to expand their production capacity to better meet the needs of the Gulf Oil Crisis. “Unfortunately, it appears this catastrophe is going to be around for some time” said Ken McFalls, Vice President of Sales. “We already have the manpower and overflow facilities to handle emergency situations such as this. It’s just simple matter of putting these resources to use


Maritime Cabotage Task Force Statement, Oil Spill

On June 11, the Maritime Cabotage Task Force issued this statement regarding the Gulf oil spill and the Jones Act: The American maritime industry supports immediate action to address the unfolding environmental disaster in the Gulf.  Federal law called the Jones Act requires that American vessels be used for domestic transportation activities in the U.S., and countless American vessels are already responding in the Gulf


First Crude Lifting in 9 months at Libya's port of Hariga

A tanker has started loading crude at Libya's eastern port of Hariga for the first time in nearly nine months, after a federalist group agreed to re-open it last week, a state oil company official said on Wednesday. The tanker Aegean Dignity arrived at the port on Tuesday. Arabian Gulf Oil Co, a subsidiary of state National Oil Corp .(NOC), was able to raise output at its main oilfield, Sarir, to 50,000 barrels per day as a result.


Sealub Opens Operations in U.S. & Canada

Sealub Alliance Americas, Inc., an affiliate of Gulf Oil Marine Ltd. headquartered in Hong Kong, announced a fully operational manufacturing and supply and distribution network in the United States and select areas of Canada. Sealub Alliance Americas is now producing all marine products in four blending facilities and has established a comprehensive distribution network to support delivery operations in more than 80 ports in the U.S. and Canada


Mærsk Deliverer's Contract extended

Maersk Deliverer

Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua Landana field offshore Angola. With the contract extension the rig will be on contract until June 2017. The estimated revenue potential from the two-year contract extension is USD 387m plus compensation


MMS Says Gulf Oil Improving

An improvement has been made over the past month in oil and natural gas output in the Gulf of Mexico, which was interrupted last year when hurricanes Katrina and Rita damaged production platforms. Just over 15 percent of the normal daily oil production in the region is still blocked from market by platform shutdowns, compared with 21.6 percent on May 3, according to the Minerals Management Service, which manages federal offshore leases.


Scientists Train Students on Oil Spill Research

WHOI researcher Catherine Carmichael works alongside high school science teacher Shawn Walker to collect oiled sand patty samples for analysis. (Photo by Danielle Groenen, Deep-C Consortium)

As part of ongoing research nearly four years after the Deepwater Horizon oil spill, scientists from the Woods Hole Oceanographic Institution (WHOI) will team up with a group of high school students in Florida to collect remnants of oil from Gulf Coast beaches this week. Marine chemist Chris Reddy studies how the many compounds that compose petroleum hydrocarbon, or oil, behave and change over time after an oil spill


BP on Gulf Oil Spill Trial

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  The United States District Court for the Eastern District of Louisiana yesterday ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following the accident. The Court found that 3


U.S. Oil Traders Storing W.African Crude

Glencore, Suncor, ENI, Vitol all booking tankers; U.S. crude oil stocks at highest ever level for time of year. Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks available and as seaborne


Traders to Store W.African Crude in US Until Prices Recover

Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks available and as seaborne cargoes are able to compete better on price with U.S. crude.  


Bad Weather Closes 3 Major Mexican Oil Ports

Photo courtesy of the Port of Dos Bocas

Three of Mexico's major oil export ports along the Gulf coast have been closed due to bad weather, the Communications and Transport Ministry said on Tuesday.   Cayo Arcas, Dos Bocas and Coatzacoalcos have been closed since Sunday.  


Mermaid Wins Subsea Contract in Gulf of Thailand

  Mermaid has secured a 2-year contract for its dive support vessel, ‘Mermaid Commander’, to provide subsea construction support in the Gulf of Thailand for a repeat international fabrication and installation contractor whose end customer is a major international upstream oil and


RWE Dea to Expand in Egypt

RWE Dea doubled its oil and gas production in Egypt

  RWE Dea doubled its oil and gas production in Egypt and drawn up expansion plans. North Africa is a strategic core region for Dea. The company is one of the leading foreign investors in Egypt and produces oil and gas in the country for 30 years by now


First Oil From Jack/St. Malo Project in the Gulf of Mexico

The Jack/St Malo semi-submersible floating production unit is the largest of its kind in the Gulf of Mexico and has a production capacity of 170,000 barrels of oil and 42 million cubic feet of natural gas per day, with the potential for future expansion. (Photo: Business Wire)

Chevron Corporation (NYSE: CVX) announced that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater U.S. Gulf of Mexico. Jack/St. Malo is a key part of Chevron's strong queue of upstream projects and was delivered on time and on budget


Long-term Study May Reveal Deepwater Horizon Impacts

Dr. Wes Tunnell

The Harte Research Institute (HRI) for Gulf of Mexico Studies at Texas A&M University-Corpus Christi will receive approximately $1.25 million over the next three years to work with Mexican colleagues in the southern Gulf of Mexico to look for residual impacts from the Ixtoc I oil spill of


Study: US Offshore Holds Huge Untapped Potential

Credit: Chevron - Statoil ASA

New studies show huge economic and energy potential of untapped offshore areas Two new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy and economic benefits to the United States if the


Keystone Debate: Obama Rhetoric Rings Half True

President Barack Obama's sharpest criticism yet of Keystone XL this weekend included a controversial contention that the huge pipeline would be used to pump Canadian oil sands crude to global markets, not to U.S. refiners. TransCanada Corp


DNV GL bags Two Lloyd’s List Awards

Sean Hutchings, Area Manager Singapore & Philippines, DNV GL Maritime receiving the Innovation Award from Wong Weng Sun, President & CEO, Sembcorp Marine

  DNV GL was recognized for its leadership and ability to innovate when it received both the “Classification Society” and the “Innovation Award” at the 2014 Lloyd’s List Asia Awards held on 30 October. This is the second year in a row that DNV GL has won the


BOEM Proposes O&G Lease Sale in Gulf of Mexico

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank today announced that the bureau will offer 40 million acres offshore Louisiana


Sohar Port Challenges Gulf Rivals

Gulf of Oman port bids to become transhipment centre for region; to more than double container capacity by 2017. Part of Oman's drive is to industrialise, diversify beyond oil. An advertisement by the highway outside Dubai's massive Jebel Ali Port tells firms they don't need to ship goods


LQT Delivers Accommodation Facility and Helideck in Gulf of Mexico

LQT Industries , a full-service provider of accommodation facilities, design-build construction services, and support services to the oil and gas industry, has engineered and built a new series of aluminum accommodation buildings that will be utilized by a major oil and gas operator on a platform


RWE Dea Awarded Two New Concessions in Egypt

The new RWE Dea licences in the Gulf of Suez

  In the International Bid Round 2013, RWE Dea has been awarded two new offshore concessions with operatorship by the Egyptian General Petroleum Corporation (EGPC). The concessions are located in the Gulf of Suez, where the company is producing oil as operator for more than 30 years.






 
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