Gulf of Mexico upstream news

BP continues to make progress in shifting its exploration portfolio toward natural gas and advantaged oil.

The DAV MX™ circulating sub from Churchill Drilling Tools, an oilfield service company specialising in drilling innovation, has been used to significantly cut process time and costs for two challenging deepwater cementing operations, without compromising string functionality.

Halliburton, Trendsetter Engineering and C-Innovations have announced the companies have formed a strategic alliance to provide Gulf of Mexico customers with integrated offshore well intervention packages.

Speedcast International Limited has announced that it has signed a reseller agreement with Tampnet for 4G/LTE services in the Gulf of Mexico. Speedcast is the first service provider to partner with Tampnet for its high capacity offshore network in the region.

Decom North Sea, the membership organisation for the oil and gas decommissioning sector, has announced it will host a networking business breakfast during the Offshore Technology Conference (OTC) next month.

Statoil resets its exploration in the Gulf of Mexico and was today deemed high bidder on 13 leases in the 2017 Central Lease Sale.

Subsea 7 has announced the award of a large contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans.

EPCI contract includes supply of subsea production system.

Wood Group has won two separate contracts related to BP’s Mad Dog 2 project providing engineering services to further develop deepwater production.

New projects expected to create more than 45 000 high-paying jobs across the region and thousands more through multiplier effect.