Daily Archives: July 15, 2016

US offshore rig count rises to 22

The overall US offshore drilling rig count increased to 22 over the past week, according to the Baker Hughes Weekly Rig Count of July 15, 2016. Read Full Article Here For more great articles: Offshore RSS Feed

BOEM updates financial requirements for decommissioning

The US Bureau of Ocean Energy Management has notified companies holding oil and gas leases in federal waters that it is updating financial assurance and risk management requirements to ensure that taxpayers never have to pay for the decommissioning and removal of a company’s offshore production facilities. Read Full Article Here For more great articles:…

BP’s total liability for Deepwater Horizon surpasses $60 billion

BP PLC has lifted its total cumulative pretax charge for the 2010 Deepwater Horizon incident and oil spill by $5.2 billion to $61.6 billion after making “significant progress in resolving outstanding claims,” the firm said on July 14. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Woodside taps OneSubsea for Greater Enfield project

OneSubsea has been awarded an engineering, procurement, and construction contract from Woodside Energy Ltd. to supply a subsea production system and a dual multiphase boosting system for the Greater Enfield project. Read Full Article Here For more great articles: Offshore RSS Feed