U.S. Offshore

News
May 02, 2022
A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than ever.
News
April 12, 2022
Murphy Oil Corp. has begun producing oil from a new deepwater Gulf of Mexico project, months ahead of schedule.
News
April 08, 2022
The difference in business models of shale wells and offshore projects explains why it’s so difficult for oil giants such as Shell to quickly ramp up production when geopolitical disruptions like Russia’s war in Ukraine upend markets.
News
April 07, 2022
Much like the past, the American oil and gas industry is rising to meet the moment with increased LNG cargoes moving to Europe and others in need. But unlike the past, a politics-first and always vocal wing of Congress is demonizing our sector, API CEO Mike Sommers said.
News
March 29, 2022
The Biden administration doesn’t anticipate selling offshore drilling rights in the Gulf of Mexico through at least October 2023, effectively stretching a delay in that activity to a third year, according to economic projections included in its newly released budget proposal.
News
March 29, 2022
Shell Offshore Inc. announced the start of production at PowerNap, a subsea development in the U.S. Gulf of Mexico with an estimated peak production of 20,000 barrels of oil equivalent per day.
News
March 25, 2022
The U.S. and the European Union will push to boost supplies of LNG to European countries by the end of 2022 in a bid to begin to displace some Russian gas, a political framework that now leaves companies to sort out the details.
News
March 21, 2022
Companies will need to reveal detailed information about their greenhouse gas pollution under a new U.S. Securities and Exchange Commission plan, portending a major shift in how corporations must show they are dealing with climate change.
News
March 10, 2022
U.S. Energy Secretary Jennifer Granholm discussed a strategy to expedite the energy transition and ensure global energy security at the CERAWeek by S&P Global energy conference.
News
March 09, 2022
It is high time that the U.S. forges a new energy policy, based on facts and common sense, says Gulf Energy Information President John Royall.
News
March 04, 2022
Russian President Putin’s unprovoked invasion of Ukraine brings to the forefront the need to maximize U.S. domestic energy resources, the CEO of the Energy Workforce & Technology Council said.
News
March 02, 2022
The CEO of the Energy Workforce & Technology Council, said she agrees with President Biden and the need to optimize reliance on domestic resources, but that must also include energy resources.
News
February 09, 2022
The U.S. oil market is flashing ever more signs of tightness and supplies can barely keep up with a scorching surge in fuel demand.
News
January 28, 2022
The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of Mexico was canceled by a U.S. judge who ordered regulators to take a harder look at the impact on climate change.
News
January 10, 2022
Employment in the U.S. oilfield services and equipment sector rose by an estimated 7,450 jobs in December, despite the slow hiring in overall U.S. jobs, according to preliminary data from the Bureau of Labor Statistics and analysis by the Energy Workforce & Technology Council.
News
January 06, 2022
A rally in oil prices lifted U.S. energy stocks to the highest since the pandemic emerged more than two years ago.
News
January 03, 2022
TGS and WesternGeco announced the continuation of their ultra-long offset ocean-bottom node acquisition in Green Canyon, U.S. Gulf of Mexico. Data processing and imaging are by WesternGeco.
News
December 29, 2021
Talks on reviving the Iran nuclear deal that have resumed in Vienna show some progress but it’s “far too slow,” a U.S. official said Tuesday.
News
December 28, 2021
TDI-Brooks recently completed a Geotechnical Site Investigation for Beacon Exploration & Production LLC in the deepwater Gulf of Mexico. The project consisted of heavy geotechnical coring/cone penetration testing with TDI-Brooks’ research vessel, the R/V GYRE.
News
December 23, 2021
The U.S. Energy Department awarded a second batch of crude oil from the strategic reserve to Marathon Petroleum Corp. as part of the Biden administration’s effort to lower energy costs.
News
December 23, 2021
U.S. natural gas futures plunged to the lowest since July as the weather forecast for the new year shifted milder and record-high prices in Europe plunged.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.