Latest news
Statoil to explore deepwater prospect in Gulf of Mexico
The Norwegian oil firm said on Wednesday that it is buying a stake in a deepwater prospect, called Kakuna in the Gulf of Mexico, operated by Nexen, a global energy leader based in Canada.
read more... 10/06/2011
BP launches a multibillion dollar lawsuit against Transocean and Cameron
The UK giant, BP filed a lawsuit against Transocean, asking for at least US$40 billion in damages and other costs from the owner of the Deepwater Horizon rig, moreover, the British company filed a lawsuit against Cameron International as well, saying a blowout preventer made by Cameron failed to avert the catastrophe.
read more... 26/04/2011
Rosneft and Chevron to break their collaboration on Black Sea field
According to Kommersant business daily declarations, U.S. oil giant Chevron Corporation and Russian state oil producer Rosneft are likely to put an end to their collaboration on a joint development of the Val Shatskogo deposit on the Black Sea field, a deepwater region which is said to contain more than 6 billion barrels of oil
read more... 23/03/2011
Shell reveals a major oil discovery off Brunei
Royal Dutch Shell Plc, Europe’s largest oil company, announced on March 14th a major deepwater crude discovery offshore Brunei.
read more... 15/03/2011
The U.S administration approves the first deepwater drilling permit since BP oil spill
The U.S. administration declared on Monday that it has authorized the new deepwater oil drilling permit in US waters of the Gulf of Mexico.
read more... 03/03/2011