Clik here to view.
TransCanada wins offshore Mexico pipeline project
MEXICO CITY and CALGARY, Alberta – TransCanada says it has been chosen to build, own, and operate the $2.1-billion Sur de Texas-Tuxpan natural gas pipeline in Mexico. The bid for the Sur de...
View ArticleClik here to view.
Analyst predicts $80/bbl oil by next year
HOUSTON – A recent update from Raymond James & Associates’ US Research group advised that it was raising its 2017 and 2018 oil price forecasts by $5/bbl, predicting per-barrel costs of $75 for US...
View ArticleClik here to view.
Operations as a Science may Benefit Offshore Exploration, Production
GE and Royal Dutch Shell are seeing a shift from ‘Operations as an Art’ to ‘Operations as a Science’ both in marine and offshore exploration and production (E&P) sectors. The terms came out of...
View ArticleClik here to view.
Trans Canada closes on $13B acquisition of Houston Pipeline Company
Calgary, Canada-based TransCanada Corp. (NYSE: TRP) closed on its $13 billion acquisition of Houston-based Columbia Pipeline Group Inc. (NYSE: CPGX) on June 30, and the merger will become effective on...
View ArticleTroubles for New Panama Canal
Troubles for New Panama Canal As ships got larger, The Panama Canal needed to expand to avoid becoming obsolete…but many are concerned that it might not work as planned. See More Here… The post...
View ArticleClik here to view.
Chevron, Exxon, others move forward on $37B Kazakhstan project
A joint venture between California-based Chevron Corp. (NYSE: CVX), which has a major presence in downtown Houston, and other companies will move forward with a $36.8 billion project to boost crude...
View ArticleClik here to view.
Client / Attorney Relationship When Project Investigations Have to be Conducted
Preserving the confidentiality of post-incident investigations Richard A. Schwartz Vorys, Sater, Seymour and Pease LLP Imagine this scenario: Control of the well has been lost. The BOPs have not...
View ArticleClik here to view.
ABC Files Legal Challenge to OSHA
Dive Brief into OSHA: The Associated Builders and Contractors, along with other industry organizations, filed a legal challenge to block the August implementation of “anti-retaliation” provisions in...
View ArticleClik here to view.
FAA Issues Final Rule on Drones
Rule on Drones via ABC National Newsline On June 28, the U.S. Department of Transportation’s Federal Aviation Administration (FAA) issued a final rule on the operation and certification of non-hobbyist...
View ArticleClik here to view.
LNG Canada Investment Partners
LNG Canada partners delay final investment Partners in the LNG Canada project are delaying a final investment decision in light of ‘global industry challenges’, they announced this week… LNG Canada...
View ArticleClik here to view.
OPEC sees global surplus shrinking in 2017
OPEC Forecast and Global Oil Surplus Bloomberg | Fuel Fix OPEC forecast higher demand for its crude next year as the global surplus fades, while Saudi Arabia pumped near-record levels amid peak summer...
View ArticleClik here to view.
Operators keep their eyes on Offshore Mexico
Despite the market downturn, international oil companies are keeping their eyes on the possible opportunities represented by Mexico ’s evolving offshore marketplace. In early June, it was reported that...
View ArticleClik here to view.
North Dakota Sues Over New Methane Rule
North Dakota’s attorney general has sued the Environmental Protection Agency (EPA) over new methane emission rules at oil and gas facilities. In a filing in the District of Columbia Circuit Court of...
View ArticleClik here to view.
Court rejects greens’ challenge to Natural Gas Export Facility
A federal appeals court Friday rejected environmentalists’ challenge to a liquefied natural gas (LNG) export facility under construction in Maryland. The decision from the Court of Appeals for the...
View ArticleClik here to view.
Refiners to spend $425M to settle pollution charges
Two oil refiners will spend $425 million to settle federal pollution-related charges made against them. Tesoro Corp., one of the country’s largest refiners, and Par Hawaii Refining will spend about...
View ArticleClik here to view.
Dallas Drainage Tunnel Job
The city of Dallas has decided to re-begin its competition for a drainage tunnel prime contract in the east section of the city that, over the years, has suffered during flooding in the Trinity River...
View ArticleClik here to view.
Louisiana-Texas: Battling for Major Petrochemical Complex
Ascension and St. James parishes are in the running for a “world-scale” petrochemical complex thatExxonMobil Chemical Co. and the Saudi Basic Industries Corp. are considering building in either...
View ArticleClik here to view.
Exxon Mobil to invest in Beaumont Expansion
Irving, Texas-based Exxon Mobil Corp. (NYSE: XOM) will expand capacity again at its refinery in Beaumont, Texas, less than a year after a previous expansion was announced. According to the Beaumont...
View ArticleClik here to view.
LyondellBasell to build another Gulf Coast plant
LyondellBasell (NYSE: LYB) plans to expand its Gulf Coast footprint with another chemical plant. The company announced its decision to build the plant on July 29, but an exact location has not been...
View ArticleOperators sign up for Mexico’s round 2.4 bidding process
10/31/2017 Offshore Magazine, Offshore Staff MEXICO CITY – Twenty-five companies have asked the National Hydrocarbons Commission of Mexico (CNH) to sign up for the 4th invitation of the 2nd Round...
View Article