Gulf of Mexico upstream news

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.

TDI-Brooks International Inc. recently completed an exploration geochemistry programme in the Southern Gulf of Mexico.

Interventek Subsea Engineering has signed a two year exclusive deal with Professional Rental Tools LLC (PRT) to supply its in-riser Revolution valve for well intervention operations in the GoM.

New reimaged data covers 1000 OCS blocks ahead of large regional lease block turnover.

Hydrocarbon production from the ‘Golden Triangle’ – incorporating the deepwater (>500 m water depth) plays of Brazil, the US Gulf of Mexico and West Africa – will peak in 2019 due to the lack of projects sanctioned in recent years.