NEWS
May 17, 2010 | Justin Pritchard, Associated Press
LOS ANGELES — The federal agency responsible for ensuring that the Deepwater Horizon was operating safely before it exploded last month fell well short of its own policy that the rig be inspected at least once per month, an Associated Press investigation found. In fact, the agency’s inspection frequency on the Deepwater Horizon fell dramatically over the past five years, according to federal Minerals Management Service records. The rig blew up April 20, killing 11 people before sinking and triggering a massive oil spill in the Gulf of Mexico.
LIFESTYLE
March 1, 2011 | Associated Press
NEW YORK — The United States has approved the first deep-water drilling permit in the Gulf of Mexico since last year’s massive oil spill. The Bureau of Ocean Energy Management, Regulation and Enforcement said yesterday that it issued a permit to Noble Energy Inc. to continue work on a well about 70 miles southeast of Venice, La. Noble started drilling the well four days before the Deepwater Horizon exploded. Drilling activity was suspended on June 12 under a moratorium the United States placed on exploration in waters deeper than 500 feet.
LIFESTYLE
May 14, 2010 | Associated Press
NEW YORK — The company that owns the sunken Deepwater Horizon rig will petition a federal court to cap its liability at less than $27 million. Transocean Ltd. would then be left with as much as $533 million in insurance money from the failed venture — almost enough to cover the revenue it expected from a three-year contract with BP. It has, however, estimated additional expenses from higher insurance premiums and legal fees of about $200 million. The move comes as lawsuits pile up against Transocean and BP, which leased the rig and is trying to shut off a well that’s...
NEWS
August 20, 2010 | Dina Cappiello and Harry R. Weber, Associated Press
WASHINGTON — The company that owned the oil rig that exploded in the Gulf of Mexico is accusing BP of withholding critical evidence needed to investigate the cause of the worst offshore oil spill in US history, according to a confidential document obtained by the Associated Press. The complaint by Transocean follows similar complaints by US lawmakers about difficulties obtaining necessary information from BP in their investigations. In a sternly worded letter to BP’s attorneys, Transocean said the oil giant has in its sole possession information key to identifying...
NEWS
April 18, 2012 | By Matthew Daly
WASHINGTON - A presidential commission that investigated the Gulf oil spill blasted Congress for inaction Tuesday as it issued a report card on industry and government response to the massive BP oil spill. "Across the board, we are disappointed with Congress's lack of action. Two years have passed since the explosion on the Deepwater Horizon killed 11 workers, and Congress has yet to enact one piece of legislation to make drilling safer," said former senator Bob Graham of Florida, a Democrat who cochaired the presidential...
NEWS
July 16, 2011 | By Harry R. Weber, Associated Press
ATLANTA - A year after it capped its out-of-control well in the Gulf of Mexico, oil giant BP PLC said yesterday that it is taking new steps to improve the reliability of the cement used to seal its wells and the fail-safe devices used to prevent blowouts. The US government welcomed the voluntary measures announced by the British firm - which seemed to target shortcomings addressed in several investigations of the disaster - but also noted that it has already established what it believes are strong safety and environmental standards that all operators are...