Facilitating exploration and development in the eastern Gulf of Mexico should be a top priority as the US Department of the Interior reviews its US Outer Continental Shelf decisions under President Donald J. Trump’s Apr. 28 offshore oil and gas executive order, an American Petroleum Institute official recommended on May 1. Source: News

Pembina Pipeline Corp. has agreed to acquire fellow Calgary infrastructure firm Veresen Inc. in a $7.1-billion stock-and-cash deal, forming a company with a pro-forma enterprise value of $24 billion. Source: News

Inpex Corp., Tokyo, said the central processing facility for the Ichthys LNG project has sailed from its construction site in Geoje, South Korea. Source: News

Light, sweet crude oil for June delivery gained slightly on the New York market Apr. 28 as did Brent crude oil on the London market. Source: News

The Turritella floating, production, storage and offloading vessel became the second FPSO moored in the US Gulf of Mexico (GOM) when Stones came on stream September 2016. Shell committed to developing Stones in May 2013, only 3 years after the 2010 Macondo well blowout, which resulted in a massive oil spill and subsequent US offshore […]

The UK Oil and Gas Authority’s (OGA) 29th Offshore Licensing Round was the first in 20 years to focus solely on frontier underexplored areas and included portions of the Rockall basin, Mid-North Sea High, and East Shetland platform. Source: News