BP prepares to pay price for Macondo
BP is setting aside $32.2 billion to cover the expected clean-up costs and compensation claims from the Gulf of Mexico oil spill.
Contractors race for prize role at Wasit
Offshore and onshore engineering and construction companies are studying more than $4 billion worth of packages tendered by Saudi Aramco for its giant Wasit gas development.
Jubilee facing new political obstacle
THE fate of Ghana’s deep-water Jubilee field development was again thrown into the political spotlight this week as revelations emerged prompting the World Bank’s private finance section to delay a planned 15 July sign-off on loan finance and stakeholder agreements for the leased Kwame Nkrumah floating production, storage and offloading unit.
Colombia’s efforts are paying off
COLOMBIA was once known for its street crime and drug trafficking, but it has come a long way in an effort to distance itself from those negative images and it is now one of the most vibrant safe havens in South America.
BHP closes in on Macedon turnkey job awards
BHP Billiton is getting near to selecting winners of two of the main turnkey contracts for its Macedon shallow-water gas development off Western Australia, writes Russell Searancke.
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| BP testing relief well BOP |
| BP gears up for static kill |
| New Gulf leak sends oil skyward |
| BP bleeds red ink on Macondo charges |
| Feds lay out Macondo kill plan |
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