Federal Waters

Deepwater

Top 12 Recent Gulf of Mexico Discoveries

October 2019: Talos Hits 235-ft Pliocene Zone At Bullet Prospect Exploratory

January 3, 2020

Lease Sales

Egypt Awards Oil, Gas Exploration Concessions In Red Sea

Egypt said on Dec. 29 that it awarded oil and gas exploration concessions in the Red Sea to Chevron, Royal Dutch Shell and Mubadala in an international tender.

December 29, 2019

Shelf , Legislation

Marco Rubio Blocks Trump Interior Nominee Over Offshore Drilling

Florida Republican Senator Marco Rubio has placed a hold on the Senate confirmation of President Donald Trump's pick to become the deputy secretary of the Interior Department, Katharine MacGregor, over concerns about the agency's plans to expand offshore drilling, his office said on Dec. 4.

December 4, 2019

Private Equity , Deepwater , Trends

New King Of North Sea Takes On Total, BP

This year, Chrysaor, will, according to some estimates, be the biggest oil and gas producer in the North Sea, rivaling Total and BP.

October 13, 2019

Deepwater , Legislation

House Passes Two Bills To Ban New Offshore Drilling

Neither are likely to gain much traction in the Senate.

September 12, 2019

International

Chinese Ship Inches Closer To Vietnam Coastline Amid South China Sea Tensions

A Chinese survey vessel on Saturday extended its activities to an area closer to Vietnam's coastline, ship tracking data showed, after the United States and Australia expressed concern about China's actions in the disputed waterways.

August 24, 2019

Deepwater , International

US Accuses China Of ‘Coercion’ Over Vietnam Offshore Oil

The U.S. has accused China of “coercion” of Vietnam as it seeks to exploit oil and gas in the South China Sea, siding with Hanoi and chastising Beijing in sharp terms over its decision to send Chinese ships to Vietnamese territorial waters.

August 23, 2019

Exploration & Production , Lease Sales

Offshore Operators Exercise Caution During Lease Sale 253

BHP Billiton Petroleum (Deepwater) Inc. had the highest bid of the day at $22.5 million for Green Canyon block 124.

August 21, 2019

Infrastructure

Iraq Says Eni, BP Deal Doesn't Mean Exxon Excluded From Southern Mega-Project

Iraq's oil ministry said on Aug. 10 it was still in talks with Exxon Mobil Corp. over a major deal to improve the country's southern oil infrastructure.

August 10, 2019

Liquefied Natural Gas (LNG) , Emissions , Technology

Chevron Starts Burying CO2 Off Australia At Huge Gorgon Storage Project

Chevron Corp. said on Aug. 8 it has launched one of the world's largest carbon capture and storage projects, injecting CO2 into a deep reservoir under an island off Western Australia at its Gorgon LNG project.

August 8, 2019