WorldOil First oil Another mixed outlook awaits the EandP sector House Democrats seek to block oil drilling along U.S. coasts The U.S. House of Representatives is set to vote Wednesday on two proposals for limiting drilling in U.S. coastal waters, including an effort to permanently ban rigs near Florida, as Democrats seek to demonstrate their opposition to fossil fuels and emphasize Republicans’ sustained support for oil. WandT Offshore completes $167 million deal expanding Gulf of Mexico stake Tracy W. Krohn, chairman and CEO said "These low-decline assets add significant reserves and production to our portfolio and are adjacent to our current operations." LLOG taps Seadrill’s West Neptune for GOM project Seadrill has secured a one year contract with LLOG Exploration Offshore for the West Neptune operating in the US Gulf of Mexico. BP focuses on deepwater, shale in historic shift south from Alaska BP has closed one chapter in its U.S. business, exiting Alaska decades after transforming the state into an oil powerhouse. Now it’s time for a new phase in the company’s American story. First liquid achieved at Freeport LNG Train 1 McDermott International, along with its partners, Chiyoda International and Zachry Group, today announced that Train 1 of the Freeport LNG project on Quintana Island in Freeport, Texas, has begun producing LNG. Equinor completes $965 million GoM acquisition from Shell The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction, in which Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell for $965 million in cash. U.S. oil export race accelerates as Enterprise makes leap ahead The race to develop oil terminals that can fully load supertankers on the U.S. Gulf Coast remains congested, even as one of North America’s largest pipeline operators decided to push its project ahead. ‘Back-loaded’ hurricane season in store for U.S. Gulf of Mexico At risk is $17 trillion in U.S. real estate along the coasts, as well as some of America’s most valuable commodities. More than 45% of U.S. refining capacity and 51% of gas processing is along the Gulf of Mexico coastline. Drilling advances Catching up with the times