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Royal Dutch Shell has given the green light for the development of the Appomattox deepwater oil and gas field in the Gulf of Mexico, set to be the energy giant's largest floating platform in the region.
The Appomattox project, some 80 miles (130 km) off the coast of Louisiana, is expected to reach peak production of around 175,000 barrels of oil equivalent (boe) per day, Shell said in a statement on Wednesday.
ExxonMobil and a partner are selling their Chalmette refinery to PBF Energy Inc. under a $322 million deal announced Thursday.
Chalmette Refining LLC is a joint venture between affiliates of Petróleos de Venezuela S.A., the state oil company of Venezuela, and ExxonMobil. The refinery has a capacity of 189,000 barrels of oil per day and employs about 1,000 people. About 530 are employees, who will be offered jobs with PBF, and the rest are contractors, PBF spokesman Michael Karlovich said.
Ten years ago, hurricanes Katrina and Rita ravaged all of south Louisiana. Hurricanes Gustav and Ike followed just three years later. I want to again express my sorrow for the people of Acadiana who suffered losses and still feel the effects of these disasters today.
So much has changed since these events. The Department of Natural Resources has created a “fuel team” to better coordinate fuel supplies prior to, during and after an emergency. Yet, there are still encumbrances by Federal laws and EPA rules.
South Louisiana Community College may soon enhance the quality of the area’s oilfield workforce by offering a one-year diploma program in oil and gas production.
Pending approval by the Southern Association of Colleges and Schools, SLCC will begin offering courses in the fall and offer the program formally in the spring. The diploma program would extend over a calendar year and require 45 credit hours.
Just as the invention of the steam engine powered the start of the Industrial Revolution, innovative oil and gas technology has ushered in a powerful deepwater revolution in the Gulf of Mexico in recent years. Advanced technology has provided the tools to find oil and gas in places never before possible.
In fact, once considered the Dead Sea when it comes to oil and gas exploration and production, the Gulf of Mexico is now proving to be a bountiful energy province with major new discoveries thanks to modern technology. Since the beginning of time, the Gulf has produced 90 percent of domestic U.S. crude oil from all Outer Continental Shelf territories, and currently 80 percent of Gulf oil comes from the deepwater. All of this deepwater drilling activity is good news for Americans as our economy and livelihoods will rely on fossil fuels for decades to come. The industry’s constant goal is to find and produce additional energy resources in a safe, economic and sustainable way, and technology makes that possible.