Jackson Offshore Signs Multi-Year Agreement with BP America
Lee Jackson, Chairman and CEO of Jackson Offshore Operators, announced today that the company has entered into a multi-year agreement worth over $100 million dollars with BP America to build two Jones...
View ArticleBP Adds Two Drilling Rigs in Deepwater Gulf of Mexico
BP yesterday announced it has added two drilling rigs to the deepwater Gulf of Mexico, bringing its fleet to a company record nine rigs as it continues to develop its strong portfolio of assets in the...
View ArticleTopaz Enters USD 100 Million Worth Contact with BP
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, today announces the win of two contracts with BP in Azerbaijan’s largest oil and gas...
View ArticleSubsea 7 Wins USD 160 Mln Contract from BP
Subsea 7 S.A. today announced the award of a three-year US$160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and maintenance...
View ArticleDeepsea Stavanger to Resume Work for BP in Angola
Odfjell Drilling and BP Angola have entered into a contract amendment securing further work for Odfjell Drilling’s sixth generation ultra deepwater and harsh environment semi-submersible “Deepsea...
View ArticleBP UK Awards Contract to Floatel
BP Exploration Operating Company Limited has awarded a contract to Floatel International for provision of an accommodation and construction support vessel for BP Magnus Life Extension Project. Floatel...
View ArticleBP Norway Contracts Aker Solutions
Aker Solutions has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway. The contract has a period of up to...
View ArticleBP Found Guilty of Gross Negligence
Four years after the Deepwater Horizon disaster in the Gulf of Mexico, energy company BP was found guilty of gross negligence and willful misconduct for its role in the spill that cost eleven people...
View ArticleBP Asks for Review of Gross Negligence Ruling
Oil major BP asked on Thursday a U.S. court to review the ruling that found the company “grossly negligent” for the Deeepwater Horizon oil spill from 2010, the worst in U.S. history. The ruling issued...
View ArticleGulf of Mexico Restoration Plan Moves Ahead
NOAA and its fellow Natural Resource Damage Assessment trustees in the Deepwater Horizon oil spill have announced the signing of a formal Record of Decision to implement a Gulf restoration plan. The 44...
View ArticleUS Judge to Rule on Deepwater Horizon Penalty
The final phase of the Deepwater Horizon oil spill trial began on Tuesday, January 20th which will see New Orleans District judge determine the amount of the fine that oil giant BP should pay. The 2010...
View ArticleInterview: The Way Forward after Deepwater Horizon Spill
January 20th marked the beginning of the third phase of the multiyear trial before the New Orleans District Court to determine how much BP and other responsible parties should pay for their role in...
View ArticleChina VLCC Inks Charter Deals with BP and Shell
China Merchants Energy Shipping (CMES) has though its subsidiary, China VLCC, chartered out two Very Large Crude Carriers (VLCC) to oil giants BP and Shell. Under the chartering deal, China VLCC has...
View ArticleBP Fails to Reduce Maximum Deepwater Horizon Fine
The New Orleans District Judge Carl Barbier has ruled against BP’s appeal to lower the USD 13.7 billion maximum civil fine the company might pay for its involvement in the 2010 Deepwater Horizon oil...
View ArticleDeepwater Horizon Compensation Claim under Scrutiny
A North Carolina resident Michael R. Rosella was arrested yesterday for allegedly making a fraudulent claim on the fund set up to compensate victims of the 2010 Deepwater Horizon oil spill, announced...
View ArticleMexican States Lose Deepwater Horizon Court Appeal Case
The US 5th District Court of Appeals in New Orleans, Lousiana has upheld a 2013 district court ruling which said that three Mexican coastal states cannot sue BP over alleged losses arising from the...
View ArticleBP Lays Off Australian Tanker Crew
Maritime workers outside BP’s Melbourne office staged a protest against the oil giant’s decision to lay off the Australian crew of the oil tanker British Loyalty, the third local tanker to stop...
View ArticleBP, Sinopec Form Marine Fuel Joint Venture
Oil major British Petroleum has teamed up with China’s Sinopec Fuel Oil in a joint venture that would focus on marine fuel business, BP said in a statement. Under the deal, the 50-50 pct joint venture,...
View ArticleBP Settles with Halliburton, Transocean on Deepwater Horizon Claims
Oil and gas major BP Plc. has settled outstanding claims with offshore drilling contractor Transocean Ltd. and oilfield services provider Halliburton Co arising from the 2010 Deepwater Horizon spill in...
View ArticleBP Agrees to Pay Record Environmental Fine
Five years on from the Deepwater Horizon accident and spill in 2010 that took 11 lives, oil major BP has reached agreements in principle to settle all federal and state claims arising from the event by...
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