Search results for: Macondo

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  • 1 June 2011
    Business & Finance

    A year on from Deepwater Horizon (Macondo), Energy Director Iain Light talks about lessons learned in the May edition of Offshore Engineer. As highlighted by Senator Bob Graham, Macondo would not have happened if there had been “the capacity and will to demand world-class safety standards.” But what do world-class safety standards look like? Iain […]

  • 26 August 2011
    Business & Finance, Project & Tenders

      On Aug. 25, 2011, BP confirmed through a standard visual wellhead inspection that there is no release of oil from the Macondo well (MC252). In addition, BP also conducted a visual inspection of the Macondo relief well confirming the same result. Remotely Operated Vehicle (ROV) video inspection was conducted in the presence of representatives […]

  • 26 July 2013
    Business & Finance, Project & Tenders

    Halliburton Company announced that it has reached an agreement with the U.S. Department of Justice to conclude the department’s criminal investigation of the company in relation to the April 20, 2010 incident involving the Macondo well in the Gulf of Mexico. A Halliburton subsidiary has agreed to plead guilty to one misdemeanor violation associated with the deletion of records […]

  • 19 August 2011
    Business & Finance

    BP issued a denial after several reports on the Internet about new leaks in its Macondo well. “There are online reports claiming that the Macondo well is leaking and BP has responded with boats and boom. None of this is true. The well was capped on July 15th, 2010, when all oil flow was stopped, […]

  • 19 October 2012
    Business & Finance, Equipment, Operations & Maintenance

    BP announced it has once again confirmed the integrity of the Macondo well and its associated relief wells following an extensive subsea survey this week to identify potential sources of a surface sheen near Mississippi Canyon block 252 in the Gulf of Mexico. The latest survey marks the third time since the Macondo well was […]

  • 19 October 2012
    Business & Finance

    BP today announced it has once again confirmed the integrity of the Macondo well and its associated relief wells following an extensive subsea survey this week to identify potential sources of a surface sheen near Mississippi Canyon block 252 in the Gulf of Mexico. The latest survey marks the third time since the Macondo well […]

  • 19 December 2012
    Business & Finance, Operations & Maintenance

    BP announced it has once again confirmed the integrity of the Macondo well and its associated relief wells following a recent subsea survey to identify potential sources of a surface sheen near the Deepwater Horizon accident site in the Gulf of Mexico. The latest survey marks the fourth time since the Macondo well was permanently […]

  • 19 December 2012

    BP today announced it has once again confirmed the integrity of the Macondo well and its associated relief wells following a recent subsea survey to identify potential sources of a surface sheen near the Deepwater Horizon accident site in the Gulf of Mexico. The latest survey marks the fourth time since the Macondo well was […]

  • 2 September 2011
    Business & Finance

    Halliburton  filed claims against BP in Texas state court for negligent misrepresentation, business disparagement and defamation related to the April 20, 2010, Macondo incident. Halliburton has also moved to amend its claims against BP in the multi-district litigation in New Orleans, Louisiana, to include fraud. These allegations are based upon BP providing Halliburton with inaccurate […]

  • 15 September 2010

    It is highly unlikely that a potential blowout off Lofoten could have a comparable blowout rate as the blowout on the Macondo prospect in the Gulf of Mexico. This is the conclusion of NPD´s comparison of petroleum-related conditions in the spill area in the Gulf of Mexico and in The Norwegian Sea, the waters off […]

  • 2 September 2014
    Business & Finance

    Halliburton today announced that it has reached an agreement to settle a substantial majority of the plaintiffs’ class claims asserted against the company as a result of the April 20, 2010 Macondo well incident in the Gulf of Mexico. The approximately $1.1 billion settlement, which includes legal fees, is subject to approval by the United […]

  • 20 September 2013
    Business & Finance

    Halliburton announced that the United States Department of Justice (DOJ) has closed its investigation of the company’s role related to the Macondo well incident. The federal judge in New Orleans, Louisiana, accepted the single misdemeanor guilty plea for the unauthorized deletion of a computer record that was created after the Macondo well incident. A fine […]

  • 23 August 2010

    BP’s Macondo well may have stopped leaking, but a federal investigative panel this week will continue searching for answers into the … By Brett Clanton (chron) [mappress] Source:chron , August 23 , 2010;

  • 6 September 2010
    Project & Tenders

    The Macondo well, which spilled an estimated 4.9 million barrels of oil into the Gulf of Mexico, has been secured and no longer … (bigpondnews) [mappress] Source: bigpondnews, September 06, 2010;

  • 11 October 2011

     The U.S. risks a repeat of the 2010 Macondo oil spill as its “wildcat culture” fails to put a premium on safety and security, the … Reported by: Ayesha Daya (Bloomberg) [mappress] Source: Bloomberg, October 11, 2011;

  • 6 October 2015
    Exploration & Production

    The U.S. Government and five Gulf states, Alabama, Florida, Louisiana, Mississippi and Texas, hit by the massive oil spill from the Deepwater Horizon blowout in 2010, have reached a settlement to resolve civil claims against BP. The global settlement is worth more than $20 billion. The explosion and fire which occurred on April 20, 2010, destroyed […]

  • 6 August 2015
    Business & Finance

    Transocean, one of the world’s largest offshore drilling companies, has recorded a drop in its second quarter profit. The company Wednesday said its net income for the quarter was 342 million, versus $587 million in the second quarter of 2014. Revenues fell to $1.88 billion, compared to 2.32 billion in 2Q 2014. The company recorded $653 million […]

  • 31 October 2011
    Business & Finance

    18 months have passed since the terrible events surrounding the Macondo disaster in the Gulf of Mexico unfolded. After a period of emotion… By Inger Louise Molver (Westshore Shipbrokers) [mappress] Source: Westshore Shipbrokers , October 31, 2011;

  • 28 September 2011
    Business & Finance

    Sightings of oil sheen near the capped BP Plc Macondo well in the Gulf of Mexico suggest the source may be sunken debris from the 2010 … Reporting by Bruce Nichols and Anna Driver (Reuters) [mappress] Source: Reuters, September 28, 2011;

  • 31 October 2011
    Business & Finance

    18 months have passed since the terrible events surrounding the Macondo disaster in the Gulf of Mexico unfolded. After a period of emotion… By Inger Louise Molver (Westshore Shipbrokers) [mappress] Source: Westshore Shipbrokers, October 31, 2011

  • 20 September 2013

    Halliburton Energy Services Inc. (Halliburton) pleaded guilty yesterday to destroying evidence pertaining to the 2010 Deepwater Horizon disaster and was sentenced to the statutory maximum fine, the Justice Department announced. In addition, a criminal information was filed today charging a former Halliburton manager, Anthony Badalamenti, 61, of Katy, Texas, with one count of destruction of […]

  • 22 September 2013

    Top News of The Week, September 16 – 21, 2013