Posts Tagged ‘deepwater’
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Tullow Oil farms into offshore Guinea concession

by on November 21, 2012 4:24 am BST
Tullow Oil farms into offshore Guinea concessionLONDON -- Hyperdynamics announced that its wholly owned subsidiary SCS, has entered into an agreement with Tullow Guinea, a subsidiary of Tullow oil, for the sale of a 40% gross interest in Hyperdynamics oil and gas exploration concession offshore Guinea and the transfer of operatorship

Three BP employees charged with manslaughter over Macondo spill

by on November 16, 2012 1:35 pm BST
Three BP employees charged with manslaughter over Macondo spillBY NELL LUKOSAVICH, Senior EditorHOUSTON – In the days following BP’s record-setting $4.5 billion fine for the 2010 Deepwater Horizon incident, more details are emerging about the three current and former BP employees who now face manslaughter charges.Up until this week,

BP awards first contracts for 20K HPHT production

by on November 12, 2012 3:02 pm BST
BP awards first contracts for 20K HPHT productionHOUSTON -- BP has awarded the first contracts for Project 20K, a multi-year initiative to develop next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources, currently beyond the reach of today’s technology.The initial contracts

Anadarko swings to third quarter profit on higher sales absent settlement charges

by on October 30, 2012 2:22 am BST
Anadarko swings to third quarter profit on higher sales absent settlement chargesBY ALISON SIDER AND NATHALIE TADENAHOUSTON -- Without the burden of a hefty Deepwater Horizon settlement charge, Anadarko swung to a third quarter profit on higher volumes of oil sales and increased activity in U.S. shale formations.Anadarko reported