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Offshore & Marine

Equinor adds seven offshore exploration blocks to its portfolio, after presenting winning bids in the 1st Offshore Licensing Round in Argentina. Read more

Upstream

ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first offshore bid round. Read more

Upstream

The contract for new facilities includes the full suite of EPCI services for eight new offshore jackets. Read more

Offshore & Marine

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, signed an agreement yesterday to sell its 22.45% non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Delek CT Investment LLC. Read more

Upstream

Aker Solutions and FSubsea have agreed to create FASTSubsea to help operators increase oil recovery in a faster, simpler and more environmentally friendly way. Read more

Offshore & Marine

The Senate Select Committee on Texas Ports held a legislative hearing regarding the fire at the ITC storage facility in Deer Park, Texas. The Committee heard invited testimony from state and local officials and emergency responders. Read more

Offshore & Marine

Interior offers 78 million acres in new Gulf lease sale; ExxonMobil streamlining upstream organization to support growth plans; WoodMac: Exploration is 'back in the black' Read more

Upstream

Over the next three fiscal years, nearly $300 million in federal oil and gas royalties generated by production in the Gulf of Mexico will fund construction of 12 Louisiana coastal protection and restoration projects. Read more

Offshore & Marine

Texas COLT submits application for Deepwater Port project; Port Arthur LNG export project receives FEIS; Sentinel Midstream to develop Texas GulfLink; U.S. expands its role as world's leading ethane exporter Read more

Tanks/Terminals/Storage

Mærsk Deliverer, an ultra-deepwater semi-submersible rig delivered in 2010, is currently operating offshore Timor-Leste. Read more

Offshore & Marine

Ships traveling in the Houston Ship Channel through the spill area are limited to one-way traffic but tows are moving two-way, reported West Gulf Maritime Association. Read more

Offshore & Marine

Lyondell Basell Industries may keep production cuts at its 263,776 barrel-per-day (bpd) Houston refinery for a week because of shipping disruptions in a key oil port from a chemical spill. Read more

Health, Safety & Environmental

Transocean Rig

Reuters

Riglogix data shows 19 rigs were delivered in 2018, comprising 15 jackups and four semisubmersibles (semis). Read more

Offshore & Marine

The IMO adopted the plan for this policy change in 2008, and in 2016 reaffirmed an implementation date of 2020. Read more

Offshore & Marine

Kinder Morgan

Hilton Price

Kinder Morgan Inc has dropped out of a recently proposed U.S. Gulf Coast deepwater crude export venture. Read more

Offshore & Marine

The US Gulf of Mexico region wide Lease Sale 252 was held today, 20 March 2019. The sale attracted 257 bids from 30 companies, with high bids totalling US$244.3 million. Read more

Offshore & Marine

McDermott International, Inc. (NYSE: MDR) announced today a substantial* contract award from a Middle East customer for engineering, procurement, construction and installation (EPCI) services in the Arabian Gulf. Read more

Offshore & Marine

Three days – that’s what it took to lift four of the last pieces in the Johan Sverdrup puzzle into place – the two final platform topsides, a bridge and a flare stack. The processing platform lift was the heaviest lift ever performed offshore. Read more

Upstream

Several continuing trends pushed crude oil exports higher and imports lower and resulted in the Gulf Coast (defined as Petroleum Administration for Defense District, or PADD, 3) becoming a net crude oil exporter in the last two months of 2018. Read more

Offshore & Marine

4Subsea, a leading provider of technology and services to oil & gas and offshore wind operators worldwide, reports the acquisition of Astori AS. Read more

M&A/Investment

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