Posts tagged with the keyword: ‘Deepwater’

Shell (NYSE: RDS-A) to Develop World's Deepest Oil Well

Shell (NYSE: RDS-A) to Develop World's Deepest Oil Well

It's certainly a big-thinking move, considering that memories of the Macondo oil spill three years ago and BP's (NYSE: BP) infamous Deepwater fiasco are still rather fresh. offshore drilling rig 7-30 But deepwater drilling seems …

Shell presses ahead with world's deepest offshore oil well | Royal …

Shell presses ahead with world's deepest offshore oil well | Royal …

The move is being viewed in the oil industry as a demonstration of Shell's confidence that its technology can deliver returns on expensive and risky offshore projects, despite a recent downturn in oil prices. It comes a day … The move comes despite ongoing controversy over offshore exploration – especially in the Gulf of Mexico, where in April 2010 a fire and explosion on the BP Deepwater Horizon rig killed 11 workers and started a leak that took three months to cap.

Clean Energy Stocks -News and Trends in Greentech and Renewable …

Clean Energy Stocks -News and Trends in Greentech and Renewable …

Experts estimate between 86 million and 168 million gallons of oil spilled into the Gulf of Mexico following the explosion of this deepwater drilling rig on April 20th. BP initially pegged the leak at around 1000 barrels (42000 gallons) of oil per day, but later revised these numbers upward … The equipment is compact, highly portable and not motion sensitive so H20maxx units can be operated effectively from the moving deck of a ship or offshore production platform . …

Offshore Worker Fatality Rates Seven Times Higher Than U.S. …

Offshore Worker Fatality Rates Seven Times Higher Than U.S. …

The CDC tracked fatalities from 2003 to 2010 and found that 128 people have died while working at offshore operations, like the rig made famous by 2010's Deepwater Horizon explosion and oil spill that killed 11 people.

Fuel Fix » Malware offshore: Danger lurks where the chips fail

Fuel Fix » Malware offshore: Danger lurks where the chips fail

The rig shut down for 19 days as workers tried to clear the problem, which has plagued other offshore oil vessels , knocking out their networks and forcing shut downs because of potential conflicts with safety systems. So far no offshore catastrophes have been blamed on computer infections, and that may be why the serious dangers they pose have not drawn the same scrutiny from regulators and industry as mechanical systems did after the 2010 Deepwater Horizon …

BP Faces Uncertainty on Third Anniversary of Deepwater Horizon Disaster

BP Faces Uncertainty on Third Anniversary of Deepwater Horizon Disaster

Deepwater Horizon on fire in the Gulf of Mexico, April 21, 2010. File photo. By Margaret Cronin Fisk April 19 (Bloomberg) — BP Plc faces the third anniversary of the 2010oilspillin the Gulf of Mexico tomorrow with no sure knowledge of how much more it will have to pay government and private plaintiffs over the [...]

The Oil Drum | Drumbeat: July 9, 2010

The Oil Drum | Drumbeat: July 9, 2010

Lloyd’s of London Chief Executive Officer Richard Ward said insurance coverage for offshore oil rigs in the Gulf of Mexico will rise between 15 percent and 30 percent after BP Plc’s Deepwater Horizon spill. “Prices will have to go up in the Gulf of Mexico,” Ward, 53, … The most expensive property loss for energy insurers was a July 1988 explosion aboard the Piper Alpha oil platform in the North Sea, which killed 167 people and cost insurers $3.6 billion in 2009 dollars. …

The Gulf Oil Spill Disaster – The Washington Note

The Gulf Oil Spill Disaster – The Washington Note

I'm just not an environment/ oil industry expert, but the way this person frames the question certainly puts me on edge: …. NEW ORLEANS — A rule change two years ago by the federal agency that regulates offshore oil rigs allowed BP to avoid filing a plan specifically for handling a major spill from an uncontrolled blowout at its Deepwater Horizon project — exactly the kind of disaster now … “The production platform is what's considered a surface facility,” Salvin said.

6 people taken from oil vessel off Nigeria coast – Oil Platform Fire …

6 people taken from oil vessel off Nigeria coast – Oil Platform Fire …

Gunmen attacked a vessel off the coast of Nigeria's oil -rich southern delta, kidnapping six foreigners in an area that has become increasingly dangerous for oil companies and shippers, a police official said Wednesday. …. platform fire. Huffington Post : This Wednesday, April 21, 2010 file photo shows oil in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip, as a large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig .

Deepwater Deep Pockets

Deepwater Deep Pockets

In the continuing fallout of the Deepwater Horizon disaster, Transocean Deepwater Inc. pleaded guilty to a violation of the Clean Water Act (CWA) for its illegal conduct leading to the loss of the drillship, and was sentenced to pay $400 million in criminal fines and penalties, Attorney General Holder has announced. In total, the amount [...]

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