Norway's Equinor has shut down operations at its Titan platform in the Gulf of Mexico
Norway’s Equinor has shut down operations at its Titan platform in the Gulf of Mexico, Reuters reports, a day after evacuating non-essential personnel as a Tropical Cyclone System moves towards Florida, where it is expected to turn into a massive hurricane by Thursday. Despite the precautionary oil and gas shut-ins in the Gulf of Mexico, oil prices were downwardly explosive on Wednesday, losing as much as 3% by 1236 p.m. ET on China stimulus uncertainty and U.S. stockpiles.
Chevron completed the evacuation of nonessential personnel from the Gulf of Mexico facilities on Monday, including Anchor, Big Foot, Blind Faith, Jack, Petronius, and Tahiti platforms. Shell began preparations for shutting down two platforms–Stones and Appomattox–on Sunday.
Gulf Of Mexico Titan Upstream Oil Production Hurricane
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