Tag: Gulf of Mexico
Shell Offshore acquires full ownership of Kaikias field in US Gulf of Mexico
Shell Offshore Inc., a subsidiary of global energy leader Shell plc, has recently expanded its footprint in the US Gulf of Mexico by acquiring the ... Read More
GATE Energy wins key contract for Woodside Trion FPU project with HHI
GATE Energy, a prominent player in the global energy sector, has been awarded a crucial commissioning contract for the Woodside Trion Floating Production Unit (FPU) ... Read More
Chevron Corporation sets ambitious $18.5-$19.5bn capex for 2024
Chevron Corporation (NYSE: CVX) has recently declared its anticipated organic capital expenditure range for 2024, spanning $15.5 to $16.5 billion for consolidated subsidiaries (capex) and ... Read More
Karoon Energy to acquire significant stakes in Gulf of Mexico oil fields for $720m
Karoon Energy has taken a significant step in expanding its offshore operations by entering into binding arrangements to acquire a 30% interest in the Who ... Read More
W&T Offshore acquires $32M Gulf of Mexico assets, boosts production
W&T Offshore, Inc. (NYSE: WTI), an independent oil and natural gas producer in the Gulf of Mexico, has successfully finalized the acquisition of eight prime ... Read More
Nauticus Robotics partners with Shell for subsea inspections
Nauticus Robotics, Inc. (NASDAQ: KITT), a pioneering developer of ocean robots and artificial intelligence for offshore industries, announced a service contract with Shell plc (NYSE: ... Read More
The “Once-in-a-Lifetime” Storm Idalia tears through Florida! Is Georgia Next on its path of destruction?
Hurricane Idalia, an unparalleled weather monster, wreaked catastrophic damage in Florida before setting its menacing sights on neighboring Georgia. Florida was rocked with a potentially ... Read More
First-ever Gulf of Mexico offshore wind energy lease sale announced by US Interior Department
The US Department of the Interior (DOI) declared it will stage the first-ever offshore wind energy lease sale in the Gulf of Mexico. This move ... Read More
Explosive disaster at sea: Pemex platform erupts in flames, fatalities reported
An early morning fire on Friday at an offshore platform, run by the Mexican state oil company Pemex in the Mexican waters of the Gulf ... Read More
Woodside Energy bets $7.2bn on Mexico’s Trion oil field, targets first oil in 2028
In a substantial investment decision, Australia's Woodside Energy Group has committed to moving ahead with the $7.2 billion Trion oil project in Mexican waters. The ... Read More