Kosmos Energy Ltd. announced the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S.Gulf of Mexico.
Chevron Corporation is revolutionising offshore energy development with innovative field development optimisation tools that significantly reduce decision-making timelines from days to hours.
BP and Worley have formed a new strategic alliance across BP’s global site projects, spanning the Gulf of Mexico, Middle East and Africa.
Houston-based oil and gas company Murphy Oil has widened the drilling scope of work Noble Corporation, an offshore drilling contractor, is in charge of carrying out in the U.S. Gulf of Mexico with one of its drillships.
Oil and gas companies and environmental groups on Monday filed dueling legal challenges to the Biden administration’s five-year plan to offer drilling leases in the Gulf of Mexico.
With funding from the National Academies of Sciences, Engineering, and Medicine, the Argonne National Laboratory will explore using a method known for analyzing nuclear systems to enhance safety in offshore oil and gas operations in the Gulf of Mexico.
When oil and gas wells are no longer in use, operators are required to seal them up to prevent leaks.
The U.S. Bureau of Ocean Energy Management (BOEM) has conducted Gulf of Mexico Lease Sale 259, which resulted in $263,801,783 in high bids for 313 tracts spanning 1.6 million acres in the federal waters of the Gulf of Mexico.
A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years and the first test of demand for investment since the Russian invasion of Ukraine.
Fossil fuel energy companies looking to extract oil and natural gas from U.S. waters in the Gulf of Mexico got a boost on Wednesday, as they secured access to 1.6 million acres of waters offered at auction.