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US DOI yields $110m in bids on 400,000 acres lease-sale in Western Gulf of Mexico

2014-08-21 01:00:00| Offshore Technology

The US Department of the Interior (DOI) has announced that the Western Gulf of Mexico lease-sale has yielded almost $110m in high bids on more than 400,000 acres offshore Texas, US.

Tags: of western mexico bids

 

Wärtsilä to supply control system to Harvey Gulf International Marine

2014-08-20 01:00:00| Ship Technology

Wärtsilä has been contracted to deliver the control system for a shore-based liquefied natural gas (LNG) fuelling facility in Port Fourchon, Louisiana, US, which is owned by Harvey Gulf International Marine.

Tags: system international control supply

 
 

Noble Energys Bright exploration well in deepwater Gulf of Mexico plugged

2014-08-18 01:00:00| Offshore Technology

Noble Energy has said that the BP-operated Bright exploration well in the deepwater Gulf of Mexico did not encounter any hydrocarbons after reaching the targeted Upper and Middle Miocene objectives.

Tags: mexico bright noble exploration

 

An Unloved Growth Utility In The Gulf Coast

2014-08-16 21:55:19| Energy - Topix.net

Utilities are not a great place to be right now. Because utilities operate in a monopoly-like, regulated environment and have little to no revenue and earnings growth, they are often seen as bond equivalents.

Tags: growth coast utility gulf

 

Will fracking in the Gulf of Mexico lead to the next Deepwater Horizon?

2014-08-08 21:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: If you read the financial papers, you may be aware that the Gulf of Mexico is looking like a giant, underwater piggybank. New advances in seismic technology, and more powerful equipment developed for fracking operations, have turned oil fields that were thought to be extinct into gold rush territory again. The same dynamic that has led to oil booms in previously quiet regions of the Great Plains and Appalachia is now moving to the less-populated - but at least equally ecologically fragile - offshore...

Tags: the lead mexico horizon

 

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