Tag Archives: oil platforms

Week in Review October 10 – October 16

Kelsey Zimmerman, Daniel Tsvetanov, Alberto Perego, Elisabeth Nguebana, Glenda Pavon, Bogdan Polishchuk, Alexander Geysman Turkish Stream to Move Ahead During his official visit to Turkey, Russia’s President Vladimir Putin announced a revival of the Turkish Stream pipeline project. The new pipeline would run under the Black Sea to Turkey before continuing onwards to Greece. Thus, […]

Week in Review Sept 26 – October 2

by Alexander Geysman, Irina Mironova, Sophie Nguebana, Patrick Osborne, Glenda Pavon, Alberto Perego, Bogdan Polishchuk, Daniel Tsvetanov, Kelsey Zimmerman OPEC Deal: Riyadh and Tehran Reached a Pact on Reducing Crude Oil Production As producing countries gathered in Algiers for talks on September 28, Riyadh and Tehran reached a pact on reducing crude oil production. The exact […]

Shell Begins Production in Ultra-Deepwater Gulf of Mexico

By Glenda Pavon Royal Dutch Shell recently began production at the Stones offshore field in the Gulf of Mexico. Shell formally announced the beginning of production on Tuesday, the 13th of September through a press announcement on the company’s website. The Stones, located in the Walker basin, is located 322km off the coast of New Orleans. […]

Retired Oil and Gas Platforms Transform Into Marine Sanctuaries

by Glenda Pavon-Suriel What happens to an offshore oil rig when it retires? A few years before an offshore oil well is no longer producing oil the decommissioning process begins. This involves sealing and plugging the well with cement. The process can cost oil companies several million dollars, about as much as it cost to construct […]