U.S. Offshore ///

BSEE lends expertise in Louisiana oil platform fire investigation

An engineer, an inspector and an investigator in New Orleans with the Bureau of Safety and Environmental Enforcement are lending their expertise to the Jefferson Parrish authorities to assist with the investigation of the recent oil and gas platform explosion and fire in state waters.

Gulf of Mexico oil spill triggers BSEE panel investigation

BSEE Gulf of Mexico Region Director Lars Herbst initiated a Panel Investigation Monday into an oil release from subsea infrastructure located about 40 mi southeast of Venice, La., in water 4,463 ft deep.

Wood wins FEED contract for first-of-its-kind LNG production platform

The Honghua Group Limited has awarded a $12-million, front-end engineering design (FEED) contract to Wood for its liquefied natural gas (LNG) platform development in the West Delta area of the Gulf of Mexico.

Rescue operations underway after platform explosion on Lake Pontchartrain

First responders are operating at the site of an explosion from an oil production platform on Lake Pontchartrain, La., northwest of Treasure Chest Casino. It has been reported that one person is missing and seven are injured as a result of the explosion.

Oil posts biggest weekly drop since May, storm concerns ease

Oil took a downward turn as concerns eased about Tropical Storm Nate’s threat to offshore crude platforms and coastal refineries while prices broke through a key technical barrier.

BSEE continues to monitor Tropical Storm Nate's activity

Based on data from offshore operator reports submitted as of 11:30 CDT today, personnel have been evacuated from a total of 66 production platforms, 8.96% of the 737 manned platforms in the Gulf of Mexico.

NOIA appoints four to board of directors, commemorates 45-year anniversary

National Ocean Industries Association (NOIA) Chairman David Welch has appointed four new members to the association’s board of directors.

Trump said to argue Obama clean power plan violates law

The Trump administration will formally propose repealing former President Barack Obama’s sweeping plan for curbing greenhouse gas emissions from power plants by arguing it went beyond the bounds of federal law, according to documents obtained by Bloomberg News.

U.S. oil companies may see big tax cut—if deductions survive

U.S. oil explorers could see a multibillion-dollar benefit from a move to slash the U.S. corporate tax rate but some of the industry’s biggest tax breaks could also be under fire.

Gulf of Mexico operators evacuating rigs, platforms to prep for Nate, BSEE says

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in preparation for Tropical Storm Nate. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team is activated and monitoring the operators’ activities.

Tropical Storm Nate threatens oil rigs as it targets U.S. Gulf of Mexico

Tropical Storm Nate has formed off of Nicaragua, threatening to inundate Central America, shut oil and gas rigs in the Gulf of Mexico and damage cotton and citrus crops across the U.S. South.

Harvey sends U.S. oil exports to new heights, but not for long

U.S. crude exports climbed to a record last week thanks to Hurricane Harvey, but the bonanza may be short lived.

New tropical depression raises hurricane threat for Gulf Coast

A tropical depression that could grow into a hurricane is forecast to strike the U.S. Gulf Coast late Sunday, potentially shutting down offshore oil and natural gas rigs and dealing another blow to citrus growers.

U.S. crude oil exports reach record-high

Crude traded near $50/bbl as traders weighed a flood of U.S. crude exports against the possibility of extended production cuts by OPEC and Russia.

Abrado demonstrates barrier placement service with Gulf of Mexico operator

Abrado announced today that it has completed the 7th well in a multi-well rigless plug and abandonment campaign using it's “Investigate, Operate and Validate” operations and performing downhole video pre and post-window inspection as well as dual-string section milling with its proprietary Medusa cutting technology.

Danos secures Shell maintenance contract in Gulf of Mexico

Danos has been awarded a contract by Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell, to provide mechanical and automation maintenance services for three of its production hubs and associated subsea infrastructure located in the Gulf of Mexico.

Rowan in talks to acquire Maersk Drilling, sources say

Drilling firm Rowan Cos. is in talks to acquire the drilling business of A.P. Moller-Maersk A/S, which is selling energy assets to focus on transportation, people familiar with the matter said.

Transocean retires six floaters

Transocean announced today its intent to retire six ultra-deepwater floaters. All six rigs were previously cold-stacked. The company will recognize an impairment charge of approximately $1.4 billion during the third quarter of 2017 associated with these actions.

Total signs agreement with Chevron on exploration in deepwater Gulf of Mexico

Total announced it has entered into an agreement to capture seven prospects operated by Chevron in the deepwater Gulf of Mexico.

ExxonMobil's coastal facilities ramp up to normal operations

ExxonMobil said today that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey.