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Oil Explorers Retreat From Shallow US Gulf in Shift to Shale
Monday, July 20, 2015 Energy producers are abandoning the search for oil and natural gas close to shore in the US Gulf of Mexico as drilling budgets shrink and exploration migrates to land-based shale fields.
Mexico's Only Oil Champs Backed by Riverstone, BlackRock Money
Friday, July 17, 2015 Sierra Oil & Gas, poised to become Mexico's first private crude producer in seven decades, has never drilled a well, but does have money - from New York financiers, a co-owner of the Houston Astros and a Mexican firm being bought by BlackRock Inc.
Genesis Buys Enterprise Offshore Pipelines for $1.5 Billion
Thursday, July 16, 2015 Genesis Energy agrees to buy the offshore Gulf of Mexico pipeline and service business of Enterprise Products Partners LP for about $1.5 billion in cash.
Analysts Outline What to Expect in Round One Bidding
Tuesday, July 14, 2015 Industry experts discuss what kind of results to expect in Mexico's Round One bidding activity and results needed for the round to be deemed a success.
Work Begins on Port Fourchon Slip D
Tuesday, July 14, 2015 Amid the hustle and bustle of summertime fishing rodeos and family vacations, not to mention the daily traffic of workers and supplies going in and out of Port Fourchon, one recent addition slipped into port and began some ground-breaking work.
Aqualis Wins Rig Support Contract Offshore Mexico
Monday, July 06, 2015 Consultancy Aqualis Offshore wins a contract with Perforadora Mexico to support the transportation and installation of a rig for a fixed platform offshore Mexico.
Shell Goes Ahead with Giant Gulf of Mexico Field After Cost Cuts
Wednesday, July 01, 2015 Shell gives the green light for the development of the Appomattox deepwater oil and gas field in the Gulf of Mexico, set to be the energy giant's largest floating platform in the region.