Deepwater Gas

Services companies stand to profit if Pemex makes changes

Posted on October 27, 2013 at 5:00 am by Emily Pickrell Enrique Pena Nieto, Mexico's president, speaks in Mexico City in August 2013. (Susana Gonzalez/Bloomberg) HOUSTON — Proposals to open Mexico’s energy industry to outside investment could make a good thing even better for oil field services companies […]

Energy Firms Want Action on Atlantic Drilling

Posted on October 26, 2013 at 11:59 pm by Jennifer A. Dlouhy in Offshore, Premium WASHINGTON — Energy industry leaders are fretting that it could be a decade before the federal government allows them to hunt for oil and gas along the East Coast, unless the Obama administration shifts its […]

Gulf of Mexico moves toward a comeback

by Collin Eaton Polluted by crude, crises and fears of ceaseless political entanglements, the Gulf of Mexico looked endangered as an oil hub after BP’s massive 86-day spill three years ago. But international oil companies, including BP, are ramping up in the largest U.S. offshore oil […]

Western companies mum as Asian groups flock to Brazil

Published: Monday, September 23, 2013 When one of Brazil's premier deepwater oil fields comes up for auction next month, few Western companies will be bidding for it. But a smattering of Asian energy giants have all registered to bid for Brazil's Libra offshore field, which […]

Western Gulf Sale Shows Continued Focus on Deepwater

For Immediate Release: Wednesday, August 28, 2013 Contact:  Nicolette Nye, (703) 732-0801,    Western Gulf Sale Shows Continued Focus on Deepwater   Washington, D.C. – National Ocean Industries Association President Randall Luthi today issued the following statement on bidding in Western Planning Area Lease Sale 233: […]

Feds push stricter rules for offshore oil and gas production systems

Posted on August 21, 2013 at 8:53 am by Jennifer A. Dlouhy The Obama administration on Wednesday proposed a rule to tighten standards for oil and gas production systems used offshore, in a bid to keep pace with the industry’s march into deeper waters and more challenging […]

Anadarko pushes boundaries with newest deep-water platform

Posted on August 20, 2013 at 5:45 am by Zain Shauk INGLESIDE — Of the towering oil platforms under construction along the Texas coast, one stands out because it can’t yet stand. It’s a 23,000-ton cylindrical column the length of two football fields, and it […]

Foreign payments fight could jeopardize US-Mexico drilling pact

Posted on August 19, 2013 at 1:20 pm by Jennifer A. Dlouhy The oil industry is jeopardizing efforts to unlock nearly 1.5 million acres of Gulf of Mexico waters for drilling by aggressively opposing a federal mandate to disclose foreign payments, according to a former […]

Mexico’s Pemex Looks to Tap U.S. Shale and Deep-water Oil

By JOSÉ DE CÓRDOBA and LAURENCE ILIFF Emilio Lozoya, CEO of Pemex, is trying to reverse falling production. MEXICO CITY—Petroleos Mexicanos, Mexico's state oil monopoly, will set up a new company to explore and produce shale gas and deep-water oil in the U.S. as part […]

Oil Drillers in Gulf of Mexico Brace for Storm

WSJ By ALISON SIDER Marathon Oil Corp. MRO -0.46% and BP BP.LN -0.12% PLC said they are evacuating some workers from the Gulf of Mexico as a storm makes its way from the Caribbean Sea toward the U.S. gulf waters... Full Story
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