Nearly 30% of US Gulf of Mexico Oil Output Offline after Storm

Cars drive off of Interstate 10 in Laplace, La., on Friday, Sept. 13, 2024, as floodwater still covers the roadway two days after Hurricane Francine swept through the area. (Chris Granger/The Times-Picayune/The New Orleans Advocate via AP)
Cars drive off of Interstate 10 in Laplace, La., on Friday, Sept. 13, 2024, as floodwater still covers the roadway two days after Hurricane Francine swept through the area. (Chris Granger/The Times-Picayune/The New Orleans Advocate via AP)
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Nearly 30% of US Gulf of Mexico Oil Output Offline after Storm

Cars drive off of Interstate 10 in Laplace, La., on Friday, Sept. 13, 2024, as floodwater still covers the roadway two days after Hurricane Francine swept through the area. (Chris Granger/The Times-Picayune/The New Orleans Advocate via AP)
Cars drive off of Interstate 10 in Laplace, La., on Friday, Sept. 13, 2024, as floodwater still covers the roadway two days after Hurricane Francine swept through the area. (Chris Granger/The Times-Picayune/The New Orleans Advocate via AP)

Nearly 30% of US Gulf of Mexico crude oil production and 41% of its natural gas production remained offline on Saturday following Hurricane Francine, the US offshore energy regulator said.

There was more than 522,000 barrels of oil production per day and 755 million cubic feet of natural gas offline due to the storm, the Bureau of Safety Engineering and Enforcement said.

There were 52 oil and gas platforms unmanned by energy workers, down from 171 evacuated platforms at its peak earlier in the week.

The storm, which drew fuel from exceedingly warm Gulf of Mexico waters, came ashore Wednesday in Louisiana with 100 mph (160 kph) winds and drenched a large swath of the South, including parts of Arkansas and Florida. Forecasters say the storm's slow progress will mean days of heavy rain in the Southeast, creating a flash flooding risk.

Another 3 to 6 inches (8 to 15 centimeters), with about 8 inches (20 centimeters) in some locations, were expected in parts of central and northern Alabama through Sunday. In northeastern Mississippi, western Tennessee, western Georgia and the Florida Panhandle, another 2 to 4 inches (5 to 10 centimeters) was expected.

No deaths or serious injuries have been reported in Francine's aftermath.



Saudi Arabia, Egypt Sign Agreement on Maritime Connectivity at Global Logistics Forum

Saudi Minister of Transport and Logistic Services and Chairman of the Board of Directors of the Transport General Authority Saleh Al-Jasser and Egypt’s Minister of Transport and Industry Lieutenant General Kamel Al-Wazir signed the MoU on the sidelines of the first edition of the Global Logistics Forum in Riyadh. (SPA)
Saudi Minister of Transport and Logistic Services and Chairman of the Board of Directors of the Transport General Authority Saleh Al-Jasser and Egypt’s Minister of Transport and Industry Lieutenant General Kamel Al-Wazir signed the MoU on the sidelines of the first edition of the Global Logistics Forum in Riyadh. (SPA)
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Saudi Arabia, Egypt Sign Agreement on Maritime Connectivity at Global Logistics Forum

Saudi Minister of Transport and Logistic Services and Chairman of the Board of Directors of the Transport General Authority Saleh Al-Jasser and Egypt’s Minister of Transport and Industry Lieutenant General Kamel Al-Wazir signed the MoU on the sidelines of the first edition of the Global Logistics Forum in Riyadh. (SPA)
Saudi Minister of Transport and Logistic Services and Chairman of the Board of Directors of the Transport General Authority Saleh Al-Jasser and Egypt’s Minister of Transport and Industry Lieutenant General Kamel Al-Wazir signed the MoU on the sidelines of the first edition of the Global Logistics Forum in Riyadh. (SPA)

Saudi Arabia and Egypt signed on Monday a memorandum of understanding on maritime connectivity.

Saudi Minister of Transport and Logistic Services and Chairman of the Board of Directors of the Transport General Authority Saleh Al-Jasser and Egypt’s Minister of Transport and Industry Lieutenant General Kamel Al-Wazir signed the MoU on the sidelines of the first edition of the Global Logistics Forum in Riyadh.

The forum is being held from October 12 to 14 under the slogan "Reshaping the Global Map of Logistics".

The MoU will boost cooperation and joint work in maritime connectivity for passenger transport. It stipulates exchange of expertise to qualify specialized cadres in emerging fields, develop the quality and efficiency of maritime transport services, and improve the experience of their beneficiaries.

The areas of cooperation include yacht and marine passenger ship transport activities, as well as passenger ferries.

Attending the forum were ministers and senior officials, leaders of international organizations and industrial unions, as well as experts, academics and analysts.

With 130 speakers and 80 exhibitors representing 30 countries, the forum showcases a wide range of perspectives and expertise.