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A tropical disturbance could form this week in the Gulf of Mexico and plentiful moisture will mean continued downpours for the Houston area.

(RTTNews) - Helix Energy Solutions has signed a three-year framework agreement with ExxonMobil (XOM) to provide offshore plug and abandonment - P&A services in the U.S. Gulf of Mexico.

A system was detected off the Atlantic Coast of Florida and is expected to move into the northern Gulf Coast and develop into a tropical depression.