Tag Archives: Offshore

Producers’ unwillingness to raise spending despite higher oil prices also is taking a toll.

Offshore production in federal waters of the U.S. Gulf of Mexico accounts for 17 percent of total U.S. crude output.

Chevron is investing billions of dollars in a new reinjection system that will put the sour gas back into the reservoir.

Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.

Egypt announced earlier in the week it has stopped importing liquefied gas.

The combined order figure accounts for 79 percent of the three firms'. order target of $13.2 billion for this year.

Around 161.000 tons of treated water has 10 to 100 times the limit for release into the sea.

Wind energy is re-shaping the global energy mix.

Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.

Shell is a major player in the U.S. Gulf of Mexico.