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Hess Corp.’s quest to harvest crude from its Tubular Bells field in deep Gulf of Mexico waters culminated Friday when oil started flowing at a massive production facility 45 miles from shore.
Sanctioned just three years ago, it is a sprawling, 7,500-ton structure balancing atop a 584-foot-long cylinder that plunges into the sea. By the end of the year, when production ramps up, the floating facility is expected to pull some 50,000 barrels of oil equivalent each day from three wells at the site.
ExxonMobil announced Monday it will spend $275,000 to pay for up to 350 math, science and English teachers in East Baton Rouge Parish public middle and high schools to undergo training next summer.
The goal is to help high school students master these subjects so they can earn college credit via Advanced Placement courses, earn a college degree and ultimately help fill future jobs in science, technology, engineering and math, or STEM, fields.
Along a remote stretch of Louisiana coastline, roseate spoonbills and snowy egrets share the skyline with more than 120 construction cranes.
Every day, 67 buses parade down a two-lane asphalt highway bordered by thickets of river cane and the Sabine River channel.
Upstream-focused energy company Hess Corp. said it launched development plans for its deepwater Stampede project in the Gulf of Mexico.
Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Union Oil Company of California (Union), has reached a final investment decision to proceed with the development of the Hess Corporation-operated Stampede project in the deepwater U.S. Gulf of Mexico. Stampede is a deepwater subsea development, which will be tied-back to a newly constructed Tension Leg Platform.