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Posts Tagged ‘BP’

Top executives from Transocean, the offshore drilling firm responsible for running the Deepwater Horizon rig, have received large bonuses for the company’s “best year” for safety. (more…)

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After a profit of $13.9bn in 2009, last year BP has reported a loss of $4.9bn, the company’s first annual loss since 1992.

According to the company the replacement cost loss reflected a sum of $40.9bn set aside for charges relating to the giant oil spill in the Gulf of Mexico. (more…)

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BP’s Gulf well is sealed

BP has conducted one more test before declaring the well permanently sealed, officials say. (photo, from bbcimg.co.uk)

The pressure test showed a cement plug put in place by BP to permanently “kill” the well was holding.

(more…)

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BP said that the tests on the newly capped Gulf of Mexico oil well show pressure has been building up slightly as hoped, with no signs of leakage. (photo, from bbc.co.uk) (more…)

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After three days of blasting mud and other materials into the well, oil giant BP said that engineers had been unable to stop oil from spewing into the ocean. (photo, from aljazeera.net) (more…)

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