BP is setting aside $32.2 billion to cover the expected clean-up costs and compensation claims from the Gulf of Mexico oil spill.
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.
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 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 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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Up for grabs: contracts galore from ExxonMobil's Banyu Urip project off Indonesia.
ExxonMobil has opened up for bidding the second large turnkey contract on its multi-billion-dollar Banyu Urip oil project in the Cepu block in Java, Indonesia.
More details on the Banyu Urip galore in Upstream today.
| BP testing relief well BOP |
| BP gears up for static kill |
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| August | |
|---|---|
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