Latest news
ENI makes new deepwater gas discovery offshore Mozambique
The Italian giant, ENI has announced a new major gas discovery in the Mamba North 1 prospect, in Area 4 Offshore Mozambique, being the second significant discovery off Mozambique since October 2011.
read more... 16/02/2012
EU: new legislation on offshore oil and gas drilling
The European Union issued a new legislation on offshore oil and gas drilling to guard itself against a repeat of BP's Deepwater Horizon oil spill. It marks the first time the EU has proposed a bloc-wide legislation on offshore oil and gas, although it complements an existing directive on environmental liability under which the polluter pays.
read more... 01/11/2011
BP awarded two deepwater blocks in Trinidad and Tobago
According to BP’s announcement, the British giant was awarded new exploration and production rights off the eastern coast of Trinidad and Tobago, giving it a 100 percent interest in two deepwater blocks, identified as 23(a) and TTDAA 14.
read more... 26/07/2011
BP hit by another oil spill in Alaska
BP reported a new oil leak in Alaska, thing which could definitely break its reputation, already hit after US Deepwater Horizon disaster in 2010.
read more... 20/07/2011
BP receives a £46 million settlement from Weatherford
BP announced on Tuesday that it has reached agreement with Swiss-based Weatherford to settle potential claims between the companies related to the Deepwater Horizon accident.
read more... 23/06/2011