Chevron has shut in production at its Petronius facility in the U.S. Gulf and evacuated all associated personnel to shore as Tropical Storm Bertha approaches the northern Gulf Coast. The company said production from its other operated Gulf of America assets remains at normal levels. Chevron has also transported nonessential personnel from its Tubular Bells and Blind Faith […]
Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energy infrastructure was targeted across the Gulf.
TechnipFMC (London, England) added another line to its U.S. deepwater roster after BP plc (London) awarded it an engineering, procurement, construction and installation contract for the Tiber offshore oilfield development in the U.S. Gulf of Mexico. The project joins a list that includes work for Cenovus Energy Incorporated (Calgary, Alberta) and Shell plc (London) on some of those companies’ heaviest deepwater investments. Industrial Info is tracking more than $17 billion worth of active and proposed projects featuring TechnipFMC’s services worldwide.
The Bureau of Ocean Energy Management (BOEM) has published a Proposed Notice of Sale (PNOS) for Lease Sale 262, the first of three offshore auctions in the Gulf of America under the 2024–29 Outer Continental Shelf Leasing Program.
Shell’s plans to juice output from its deepwater Perdido development in the U.S. Gulf of Mexico just ran into a delay-shaped pothole. Two new wells intended to lift production from the Great White unit—one of the stars of the Perdido complex—won’t come online until the end of the year, the company confirmed this week. That’s a shift from the original timeline, which had all three wells humming by April.