The wait continues offshore
It’s already been a year since our offshore market report in the May 2018 issue…
Browsing: BP
Offshore recovery slow despite several projects
Reports of a slow recovery in the Gulf of Mexico continue to surface, but there…
Energy chaos dampens 2019 offshore outlook
Crude oil prices dropped by 40% in the final quarter of 2018. Instead of going…
BP announces expansion plans in the Gulf of Mexico
BP announced that it has approved a major expansion at the Atlantis field in the U.S.…
BP starts expansion of deepwater GOM platform ahead of schedule
BP announced that it has started up the Thunder Horse Northwest Expansion project in the…
Dissecting yesterday’s offshore lease sale
Pumping up the offshore industry has been a key goal of the Trump administration. While…
Offshore rebound questionable
In my last blog I wrote about increased optimism offshore. Now I am not so…
Oil majors to expand joint cost-cutting efforts
The world’s largest energy companies plan to significantly widen a two-year effort to standardize the…
Gulf of Mexico oil spill may be largest since Deepwater Horizon
by Nico Grant, published Oct 16, 2017 (Bloomberg) — An oil spill in the Gulf of Mexico…
Why deepwater drilling is struggling
Last week, Chevron Corp.’s Australian venture announced it had abandoned plans for drilling four deepwater…