Astronauts just had to get to the moon. They didn’t have to figure out how to extract oil from it. With the new $3 billion Perdido oil and natural gas platform, in a remote deep-water area of the Gulf ...

Shell Exploration & Production Co. launched the truss spar for the Perdido regional development on Aug. 8, 2008. After a 2½-day sail, it reached location at Alaminos Canyon Block 857, about 200 miles ...

There was a time when 1,500 feet of water was considered deep for a floating oil and gas platform. That’s so last decade. Now Royal Dutch Shell’s Perdido is floating in 8,000 feet of water 200 miles ...

Shell has produced first oil and natural gas from the Perdido, the world's deepest offshore drilling and production facility. Shell today produced its first oil and natural gas from the Perdido, the ...

HOUSTON, March 31 (Reuters) - Royal Dutch Shell on Wednesday fired up its newest Gulf of Mexico oil and gas platform in water as deep as five Empire State Buildings, the the world's deepest offshore ...

Shell is planning to drill more than 10 wells off Mexico in the next two to three years as the Anglo-Dutch supermajor looks to extend its reach in a basin where it has already seen broad success in ...

Royal Dutch Shell PLC began production through the Perdido spar facility, which lies in about 8,000 ft of water on Alaminos Canyon Block 857 in the Gulf of Mexico about 200 miles south of Freeport, ...

Shell brought a massive oil and gas production platform into service in the Gulf of Mexico on Wednesday. Once it reaches peak production, the so-called Perdido facility will produce 100,000 barrels of ...

Royal Dutch Shell Plc, Europe’s biggest oil company, said production started at its Gulf of Mexico Perdido oil and natural-gas platform, the deepest drilling facility in the world, enabling the ...

Shell has awarded TechnipFMC an iEPCI contract for its Perdido Phase 2 development in the US Gulf of Mexico. Shell has awarded TechnipFMC an integrated engineering, procurement, construction and ...

One of the four lifeboats supplied by Norway's Umoe Schat-Harding was“catastrophically damaged”during a test of the equipment three weeks ago, according to the US Coast Guard. A second boat failed ...