Tagged: oil drilling

The Coast Guard is searching for two workers missing after fire tore through an offshore oil platform off the Louisiana coast. Four others are recovering from serious burns.

Petrobras USA says production has begun at its Chinook oil field in the ultra-deep waters of the Gulf of Mexico.

The company says production started last week in the field using a specialized ship that processes and stores oil and natural gas in place of a production platform. The field is being worked by BW Pioneer, a type of ship known in the oil industry as a floating, production, storage and offloading vessel, or FPSO.

Oil production is resuming in the Gulf of Mexico and at refineries in the coastal regions hit by Hurricane Isaac. However, power outages are slowing the process.