Tag: Gulf of Mexico

Monday, January 28th 2019 - 09:33 UTC
Cuba: Three dead and 170 injured after tornado passage through Havana

At least three people lost their lives and more than 170 were wounded on Sunday night by the onslaught of a tornado in Havana as a result of an extratropical drop from the Gulf of Mexico that transits the territory of the island, local media confirmed.
Wednesday, July 12th 2017 - 20:12 UTC
Premier and partners make world class oil discovery in Mexico. Shares soar more than 30%

Premier Oil (with strong interests in Falklands' oil industry), together with its joint venture partners Talos Energy (Operator) and Sierra Oil & Gas, announced on Wednesday that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world class oil discovery.
Thursday, October 29th 2015 - 06:06 UTC
Noble Energy begins production in Gulf of Mexico deepwater oil development

Noble Energy with interests in Falklands' exploration, has commenced production from the Big Bend oil development in Mississippi Canyon 698 of the deepwater Gulf of Mexico. Noble and partners expect the single-well field to reach a maximum gross production rate of approximately 20,000 boe/d over the next couple of weeks. Approximately 90% of the volumes being produced from Big Bend are oil, Noble said.
Tuesday, September 1st 2015 - 23:52 UTC
Mexico announces postponement of deep-water oil exploration auction

Mexico, which has started to open its nationalized oil industry to additional private investment, will postpone auctions for deep-water oil exploration and production contracts and adjust the terms of upcoming tenders after an inaugural oil auction failed to meet the government's modest expectations.
Friday, July 17th 2015 - 06:42 UTC
Falklands' Premier secures two blocks in Mexico's oil industry privatization

Premier Oil, with strong involvement in the development of the Falkland Islands' oil and gas industry is among the winners in the first round of Mexico’s oil and gas privatization. The two licences secured by the London listed oil firm’s consortium were the only assets successfully auctioned by the Mexican authorities.
Friday, July 3rd 2015 - 07:38 UTC
BP agrees to a $18.7bn settlement on claims from the 2010 Gulf of Mexico spill

UK oil and gas giant BP said it has reached an $18.7 billion settlement of damages claims from the US government and five states after the 2010 Gulf of Mexico spill. The US Justice Department said it could be the largest settlement with a single entity in US history and the total value would top $20 billion.
Monday, April 6th 2015 - 16:43 UTC
Mexican oil production drops following deadly fire on offshore rig

Mexico's oil production dropped following a deadly fire at an offshore platform, while authorities are still searching for three missing workers, state-run energy firm Pemex said.
Friday, November 21st 2014 - 06:59 UTC
Potential of US offshore oil and gas, according to American Petroleum Institute

Two new studies released by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy and economic benefits to the United States if the Eastern Gulf of Mexico and the Pacific outer continental shelf (OCS) were opened to offshore oil and natural gas development.
Wednesday, November 19th 2014 - 09:42 UTC
Chevron begins oil and gas production at Tubular Bells, in the Gulf of Mexico

Chevron Corporation announced on Tuesday that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 217 km southeast of New Orleans, in approximately 1,310 m of water in the Mississippi Canyon area.
Tuesday, December 4th 2012 - 16:10 UTC
Mexico strikes largest on land light oil deposit in a decade

Mexico’s government oil and gas giant Pemex confirmed the discovery of a crude reserve which could hold over 500 million barrels, and described as the largest on land strike in the last decade.