Fri, 24 Mar 2017 10:02:48 CDT

Subsea 7 said it was awarded a contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans....

Thu, 23 Mar 2017 22:59:33 CDT

U.S. Secretary of the Interior Ryan Zinke said Lease Sale 247 garnered $274,797,434 in high bids for 163 tracts covering 913,542 acres in the Central Planning Area of the Outer Continental Shelf offshore Louisiana, Mississippi, and Alabama....

Thu, 23 Mar 2017 02:13:38 CDT

Statoil said its bids for licenses in the U.S. Gulf of Mexico meant that the company was "resetting" its exploration campaign there, two months after saying it was considering whether to end it due to poor results....

Wed, 22 Mar 2017 15:12:00 CDT

Lease Sale 247 for oil and gas parcels in the Gulf of Mexico garnered $274,797,434 in high bids for 163 tracts covering 913,542 acres in the Central Planning Area of the Outer Continental Shelf offshore Louisiana, Mississippi, and Alabama, according to the US Department of the Interior.

Wed, 22 Mar 2017 13:34:19 CDT

The latest sale for central U.S. Gulf of Mexico (GoM) blocks brought out oil industry heavyweights and other offshore players, which doled out more than $315.3 million in bids, signaling the downturn has not crushed offshore exploration ....

Tue, 21 Mar 2017 09:38:00 CDT

Bristow US was awarded a contract with Shell Offshore, a subsidiary of Royal Dutch Shell, for medevac and search and rescue (SAR) services in the Gulf of Mexico. Image from Bristow....

Tue, 21 Mar 2017 08:45:00 CDT

The Mad Dog Phase 2 project is BP's second stage of development for a planned offshore oil field. The phase builds on BP's largest oil field discovery in the Gulf of Mexico. OneSubsea will be tasked with supplying undersea wells that extract petroleum.

Fri, 17 Mar 2017 05:35:03 CDT

Cobalt International Energy Inc plans to sell its 20% working interest in the Shenandoah deepwater oilfield in the US Gulf of Mexico. Situated in Blocks 51, 52 and 53 of Walker Ridge area, the Shenandoah field lies in a water depth of 5,800ft....