Press Esc to close

WorldOil

TOPICS: OFFSHORE

Choose a topic:



Oct 2014

Sep 2014

  • ‘Worst case’ BP ruling on Macondo means billions more in fines

    NEW ORLEANS (Bloomberg) -- BP Plc faces billions more in potential penalties after a judge found it acted with gross negligence in the 2010 Gulf of Mexico oil spill, dealing a blow to the company’s efforts to expand its drilling program as costs rise and production slips. In a turning point after four years of legal wrangling over responsibility, U.S. District Judge Carl Barbier’s ruling laid the bulk of the blame on BP for the explosion, which killed 11 men and caused the largest offshore oil spill in U.S. history. Acting with gross negligence means BP will be exposed to as much as $18 billion in additional government fines and penalties. The London-based company has spent more than $28 billion on the accident so far.

    Industry Overview, Offshore, Deepwater, North America Read More

Aug 2014

  • 2014 seismic acquisition complete, NPD says

    STAVANGER, Norway -- The Norwegian Petroleum Directorate has had a successful seismic season, which wound up Aug. 19. About 5,600 km of 2D seismic has been acquired in the northern Barents Sea since July 18.

    Exploration, Offshore, Europe Read More

Aug 2014

Aug 2014

Jul 2014

  • 21 million acres up for grabs in U.S. GOM lease sale

    WASHINGTON, D.C. -- Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank has announced that the bureau will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area.

    Exploration, Industry Overview, Offshore, Deepwater, North America Read More

Jul 2014

  • 8over8 releases update of contractual risk management solution

    LONDON -- International software firm 8over8 Ltd. has launched ProCon 2014, the latest release of its flagship contractual risk management solution. ProCon 2014 enables owner-operators of large capital projects to establish a commercial firewall against value leakage from mismanagement of unforeseen change orders, missed contractual obligations and poor interface management of the portfolio of capital project contracts.

    Industry Overview, Offshore, Onshore, Europe Read More

Jul 2014

Jul 2014

Jul 2014

  • International Rotary Rig Count

    International Rotary Rig Count

    Drilling and Completions, Industry Overview, Offshore, Onshore, Africa, Asia, Europe, Middle East, North America, South America Read More


Previous Next

NEED INFORMATION?

Check out our magazine archive section. We have articles dating back to the February 1963 issue.

WO DATA HUB

EngineeringTablesIcon-Large

Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.

ENERGY EVENTS

Upcoming Events