Shell, Chevron, and Norway’s Equinor have all begun evacuating staff from offshore facilities as the threat of a potential Tropical Cyclone System 9 intensifies as it moves toward the Gulf coast, where the brewing storm […]
We recently implemented a new model for forecasting crude oil and natural gas production from the U.S. Federal Offshore Gulf of Mexico (GOM) in the Short-Term Energy Outlook (STEO). In our latest outlook, we forecast […]
Analysts at Wall Street bank UBS estimate that hurricane Francine may have disrupted up to 1.5 million barrels of U.S. crude production. The Weather Channel expects Hurricane Francine to “continue to weaken as it tracks […]
A single ruling from a Maryland judge appointed by Biden may end up halting oil and gas drilling in the Gulf of Mexico this December. A single ruling from a judge appointed by President Joe […]
Chevron announced that non-essential employees and contractors have been pulled from four platforms in the US Gulf of Mexico ahead of a tropical storm. Potential Tropical Cyclone Six, or Invest 91L, churns in the southwestern Gulf […]
Constantly advancing technology has always been the driver behind the advance of the oil-and-gas industry since the first successful U.S. well was drilled by Edwin Drake near Titusville, Pennsylvania, in 1859. The Drake well was […]
Oslo-listed Subsea 7 has won a sizeable EPC and offshore installation contract in the US Gulf of Mexico from an undisclosed client. The scope of work includes engineering, procurement, construction, and offshore installation of a […]
Daily Standup Top Stories When will the world hit peak oil? Elon Musk’s Grok 2.0 is becoming a useful tool, and funny. Stu Turley First, I want to let you know that I am very […]
Recent developments in ultra-high-pressure drilling technology like the one U.S. supermajor Chevron uses at its new Gulf of Mexico project could unlock more than 5 billion barrels of known but previously inaccessible oil deposits globally, […]
Swiss-based offshore drilling giant Transocean has secured a $531m contract from BP for operations in the US Gulf of Mexico. The contract will see drillship Deepwater Invictus on hire for about 1,095 days starting in […]
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