U.S. Offshore ///

Nexans to supply umbilicals for second stage of Mad Dog development

BP has selected Nexans to supply umbilicals for the second stage development of the Mad Dog offshore field in the Gulf of Mexico.

Shell invests in the Vito development in the Gulf of Mexico

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, today announces the final investment decision for Vito, a deepwater development in the U.S. Gulf of Mexico with a forward-looking, break-even price estimated to be less than $35/bbl.

U.S. oil rush spurs triangle trade as output, exports soar

Rapid increases in U.S. oil output are forcing some traders and producers to try alternative ways of pricing crude.

U.S. LNG gets a big cheer in one of Russia's small neighbors

One of Russia’s European neighbors is fully embracing U.S. liquefied natural gas.

Crude rises to highest level since 2014 on bullish U.S. inventory report

Crude rose to highest level since 2014 as the drop in U.S. inventories helped to sustain a rally spurred by geopolitical unrest.

First commercial LNG cargo from U.S. East Coast hits the seas

The first export of natural gas from the U.S. East Coast has set sail.

U.S. offers $25 million cybersecurity grant after pipeline attacks

The U.S. wants to fund research targeting improved cybersecurity for the nation’s power grid and the oil and natural gas industry.

Want the gas? Buy the company: A new way to finance U.S. LNG

After amassing billions in debt and pushing a bold spending plan, Charif Souki was fired in 2015 by the LNG company he founded.

ConocoPhillips announces results of 2018 winter exploration program in Alaska

ConocoPhillips announced it has concluded its 2018 winter exploration and appraisal program in Alaska.

Fieldwood Energy closes acquisition of Noble Energy’s deepwater assets

Fieldwood Energy LLC has announced the closing of its acquisition of all of Noble Energy, Inc.’s deepwater oil and gas assets located in the Gulf of Mexico with an effective date of Jan. 1, 2018.

OTC Spotlight on New Technology Awards: Offshore industry innovates despite muted activity

Offshore investments may still be slow to accelerate, but that hasn’t stopped companies from ramping up R&D efforts to create a safer, more efficient and more productive offshore industry.

Statoil, Total complete acquisition of interest in GOM's North Platte discovery

Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the U.S. Gulf of Mexico (GOM) for an aggregate purchase price of $339 million.

After targeting U.S. farms, China can strike America's shale

China’s tariffs in one corner of the energy market signal U.S. shale fields may follow the nation’s farms as a target if a trade war escalates.

Oil holds near $63 as crude stocks drop, trade tensions abate

Oil held near $63.bbl after U.S. crude stockpiles declined and trade tensions between the U.S. and China showed tentative signs of easing.

BSEE inspects Shell's new Appomattox platform in the Gulf of Mexico

As Shell finishes construction on its Appomattox Semi-Submersible Platform hull, Bureau of Safety and Environmental Enforcement engineers and inspectors signed off on several topsides components during a pre-production inspection March 27, 2018.

BOEM announces date for Gulf of Mexico Lease Sale 251

Lease Sale 251, scheduled to be livestreamed from New Orleans, will be the third offshore sale under the National Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2017-2022.

BOEM to open call for information, nominations for proposed Beaufort Sea lease sale

The Bureau of Ocean Energy Management (BOEM) has announced it will publish in the Federal Register a call for information and nominations covering a proposed lease sale in Alaska’s Beaufort Sea Planning Area in 2019.

TechnipFMC awarded integrated EPCI contract for Who Dat field

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract by LLOG Exploration.

U.S. Commerce Secretary to China: Import more U.S. gas to cut trade gap

What would it take for China to reduce its trade gap with the U.S.? Buy more natural gas, says Secretary of Commerce Wilbur Ross.

Interior announces results of Gulf of Mexico region-wide oil, gas lease sale

In support of President Donald J. Trump's America-First Offshore Energy Strategy, Interior Assistant Secretary for Land and Minerals Management Joe Balash has announced that region-wide Gulf of Mexico Lease Sale 250 generated $124,763,581 in high bids for 148 tracts covering 815,403 acres in federal waters of the Gulf of Mexico.