Maersk Oil Chooses Blue® Dopeless® Connections for Deepwater Well in Angola
TenarisHydril Blue® connections, Dopeless® technology and the assistance of local field service specialists combine for optimum performance under unexpected conditions. As the price of crude oil remains high and global demand continues to rise, oil companies are moving further from shore into ultra-deepwaters to explore the reserves offshore of Brazil, …
BP Announces Resolution of All Criminal and Securities Claims by U.S. Government Against Company Relating to Deepwater Horizon Accident
– Resolution of all criminal claims with Department of Justice includes $4 billion paid in installments over a period of five years – Resolution of all securities claims with Securities and Exchange Commission includes $525 million paid in installments over a period of three years – Existing $38.1 billion charge …
New Isolation Valve Provides Seamless Transition from Well Completion to Production
FORTRESS valve effectively manages debris accumulation in deepwater or harsh environments Schlumberger announced today at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the FORTRESS* isolation valve. The FORTRESS valve simplifies the transition from upper completion to production without the need for intervention. “The FORTRESS …