US Gulf Coast energy facilities brace for storm Rafael
Adds information from Chevron, Equinor and Shell
Nov 5 (Reuters) -Major energy companies said on Tuesday they are evacuating some oil production workers and securing offshore platforms as they prepare for the approach of tropical storm Rafael toward the Gulf of Mexico.
The U.S. National Hurricane Center in its latest advisory said Rafael was about 200 miles (320 km) east southeast of Grand Cayman, packing maximum sustained winds of 60 mph (95 kph).
BP BP.L said it has secured offshore facilities and removed some non-essential personnel from its Argos, Atlantis, Mad Dog, Na Kika, and Thunder Horse facilities.
Chevron, which operates six platforms in the Gulf, including Anchor, Blind Faith, Jack/St. Malo, Tahiti, Petronius, and Big Foot, said it moved non-essential personnel, though production remains unaffected.
Equinor EQNR.OL said it has shut down production, with full evacuations expected by the day's end.
Similarly, Shell SHEL.L on Monday began relocating personnel from its Appomattox, Vito, and other assets in anticipation of the storm’s potential impact.
Reporting by Sherin Elizabeth Varghese in Bengaluru; Editing by Chizu Nomiyama
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
