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Transocean tries to Limit Liability in Gulf Oil Spill after Moody’s Downgrades Credit Rating
Posted in BP British Petroleum,Deepwater Horizon,Environment,Gulf Coast,Transocean on August 23, 2010
HOUSTON, TX – The U.S. Coast Guard hearings into the Deepwater Horizon disaster is scheduled to resume on Monday, August 23, 2010 in Houston, Texas. The timing of these hearings is not good for Transocean, the owner of the ill fated rig that exploded and sank in the worst environmental disaster in U.S. history. On… read more
BP $20B Fund Denies Deepwater Horizon Dead and Injured Compensation
Posted in BP British Petroleum,Deepwater Horizon,Government,Gulf Coast,Maritime Law,Maritime Lawsuits,Texas Maritime News,Transocean,World Maritime News on August 20, 2010
HOUSTON, TX — Dead and injured victims of the Deepwater Horizon disaster that occurred April 20, 2010, have been denied the right to collect monies from the BP $20 billion dollar compensation fund. While the fund protocol says that all workers injured or killed as a result of the explosion on the Deepwater Horizon or… read more
Scientific Study: Most of BP Oil Spill Still Remains in Gulf of Mexico
Posted in BP British Petroleum,Deepwater Horizon,Environment,Gulf Coast,World Maritime News on August 19, 2010
UNIVERSITY OF GEORGIA (UGA) – A group of scientists working from the University of Georgia has done a study that contradicts the recent National Incident Command (NIC) findings on the amount of oil still remaining from the BP oil spill in the Gulf of Mexico. The scientists believe that nearly 3/4ths of the oil is… read more
Transocean Withheld Internal Report That Proved Fatal For Deepwater Horizon 11
Posted in BP British Petroleum,Deepwater Horizon,Environment,Gulf Coast,Transocean,World Maritime News on August 16, 2010
Confidential internal documents from Transocean reveal that on December 23, 2009 there was a blowout on one of their drilling rigs in the North Sea at 5:10 pm that was eerily similar to the Deepwater Horizon disaster. Drilling mud was being replaced by seawater when the blowout occurred. Fortunately, in that incident, the Blowout Preventer… read more
Three Other Transocean Oil Wells Had Safety Problems
Posted in BP British Petroleum,Deepwater Horizon,Environment,Gulf Coast,Transocean on August 9, 2010
NEW YORK TIMES – According to an article in the New York Times, Transocean, the company that owned the ill-fated Deepwater Horizon, had safety concerns for several of its drilling rigs in the Gulf of Mexico prior to the April, 2010 disaster. According to confidential internal reports, about a month before the explosion and subsequent… read more
Congress Seeks to Change Maritime Laws That Limit Oil Rig Damages
Posted in BP British Petroleum,Deepwater Horizon,Government,Gulf Coast,Jones Act,Louisiana Maritime News,Maritime Law,Texas Maritime News,Transocean on August 4, 2010
WASHINGTON — Members of Congress are seeking to make changes to Maritime laws dating back 159 years in order to get more compensation for survivors of the oil rig workers killed on The Deepwater Horizon oil rig tragedy on April 20, 2010. One law dates back to 1851. “This gives some ability that the survivors… read more
Oil Companies Form $1 Billion Venture to Fight Deepwater Gulf Spills
Posted in Alabama Maritime News,Deepwater Horizon,Florida Maritime News,Gulf Coast,Louisiana Maritime News,Texas Maritime News on August 2, 2010
Four of the world’s biggest oil companies said Wednesday, July 28, that they have formed a new joint venture to fight deepwater gulf spills.The four oil companies are Exxon, Shell, Chevron and ConocoPhillips. Each will contribute 25 percent to a $1 billion company that would be able to mobilize a response within 24 hours to… read more
Tony Hayward to Resign as BP CEO
Posted in BP British Petroleum,Deepwater Horizon on July 26, 2010
Tony Hayward, BP CEO, is expected to resign as CEO before Tuesday according to reports from several news outlets.
BP Internal Investigators’ Notes Read at Joint Hearings
Posted in BP British Petroleum,Deepwater Horizon,Louisiana Maritime News,Maritime Law,Maritime Lawsuits,Texas Maritime News,Transocean on July 22, 2010
KENNER, LA – John Guide, BP wells team leader, answered questions at the Deepwater Horizon joint investigation hearings held Thursday, July 22, at the Radisson Hotel by the Coast Guard and the Bureau of Ocean Energy Management, Regulation and Enforcement investigating the causes of the Deepwater Horizon oil rig explosion on April 20. A top… read more
Deepwater Horizon Hearing Cancelled After Witnesses Have Little To Say
Posted in Alabama Maritime News,BP British Petroleum,Deepwater Horizon,Florida Maritime News,Louisiana Maritime News,Maritime Law,Maritime Lawsuits,Texas Maritime News,Transocean on July 22, 2010
KENNER, LA. – Witnesses thought to have sensitive information had little to say at the Deepwater Horizon disaster hearings conducted Tuesday, July 20, by a joint investigative board of the U.S. Coast Guard and the Bureau of Ocean Energy Management, Regulation and Enforcement, the agency formerly known as the Minerals Management Service. At the end… read more