Offshore

The U.S. Coast Guard (USCG) paused its search late Thursday for three Walter Oil & Gas Corp. platform workers and a pilot after a helicopter crashed 10 miles off the coast of Southwest Pass, LA, in the Gulf of Mexico (GOM). The USCG’s Eighth District, headquartered in New Orleans, conducted a search for about eight…

New Fortress Energy Inc. (NFE) said it has finalized a series of LNG agreements with Mexican state electricity firm Comisión Federal de Electricidad (CFE). The companies are developing a floating liquefied natural gas (FLNG) export hub off the coast Altamira en Tamaulipas state. NFE has committed to deploy multiple FLNG units with regasification capacity of…

China National Offshore Oil Corp. (CNOOC) has made a large offshore natural gas discovery in the South China Sea as it continues to work toward adding oil and gas reserves. Proven gas in-place of the Baodao 21-1 field has “successfully passed the Chinese governmental review and filing,” the firm said. CNOOC says the field holds…

Backed by Louisiana state government incentives, oilfield services (OFS) giant Schlumberger Ltd. has decided to centralize its offshore oil and gas support services in the heart of the state’s Acadiana region. The company is spending $11.5 million to expand its operations in Lafayette, LA, forming a North Gulf Coast (NGC) Hub. Schlumberger’s Lyndal Cissell, North…

Oil and natural gas producers have “serious concerns” that the federal government may not adopt a five-year offshore lease sales schedule as mandated by Congress, the industry said Thursday. The American Petroleum Institute (API) and other oil and gas executives called out federal officials for what they said was a delay to complete the 2023-2028…

President Biden is moving to reinstate the post-Macondo offshore safety rules enacted by the Obama administration, which were partly undone by the Trump administration. BP plc’s deepwater Macondo well explosion in 2010 killed 11 men, destroyed the Deep Horizon drilling rig and led to the largest oil spill in U.S. history. An extensive investigation by…

An environmental review of New Fortress Energy Inc.’s (NFE) LNG project proposed offshore of Louisiana could be delayed after the Maritime Administration (MARAD) paused the process while seeking more information from the firm, recently published documents show. In documents published for the first time publicly on Sept. 8, MARAD confirmed it had paused the review…

The Interior Department has reinstated the highest valid bids from a Gulf of Mexico (GOM) oil and gas auction held in November, opening the way for expanding production from the offshore. Interior’s Bureau of Ocean Energy Management (BOEM) on Wednesday accepted 307 high bids from Lease Sale 257, totaling close to $190 million.  The only…

Green groups in Mexico are urging regulators to throw out two environmental impact statements submitted by TC Energy Corp. for the proposed Southeast Gateway offshore natural gas pipeline. The 1.3 Bcf/d, $4.5 billion conduit is meant to shore up gas supply in central and southeast Mexico, including to state oil company Petróleos Mexicanos’ (Pemex) Olmeca…