Offshore InjuryBlog

Blog category: "Oil Companies"

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Oil Rig, Oil Companies, Oil Spill
In 2010, the Deepwater Horizon erupted into flames after repeated neglect caused the offshore oil rig to explode. The disaster claimed the lives of 11 workers and injured 17 more. The well beneath the rig leaked for months and polluted the Gulf of Mexico with over 4.9 million barrels of oil. It was the worst oil spill in history—at least it was at the time. The Taylor oil spill, which started 6 ...
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Oil Companies
The Corporate Giants that Control the World’s Oil Production Energy is one of the largest business sectors in the world. In the United States, oil companies such as John D. Rockefeller’s Standard Oil Company became notorious for their power and influence over the American economy. Today, Rockefeller’s name is synonymous with might and wealth in the business world. Today, energy is a globalized ...
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In August, the Bureau of Transportation Safety released its annual Blowout Prevention System Safety (BPSS) report . The report is a component of the SafeOCS program, a joint effort by the Bureau of Transportation Statistics and the Bureau of Safety and Environmental Enforcement. SafeOCS enables workers to report information on the offshore industry. As a result, the program gathers, aggregates, ...
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Oil Companies, News
As the offshore industry continues to struggle, Ensco has found itself in a difficult spot. In response to continued losses, the company has decided to take action by scrapping 12 drilling rigs, including one drillship. The company opted to scrap the rigs in order to eliminate their overall costs and reduce the global rig supply. These drastic measures have been taken after the 2015 year resulted ...
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News, Oil Companies
In a move that illustrates the weakening demand for deepwater drilling, BP has chosen to exit two ultra-deepwater floater contracts early in the Gulf of Mexico (GOM). The rigs in question were the following: ENSCO DS-4: 12,000 ft. DP Drillship (2010) West Sirius: 10,000 ft. Semisubmersible (2008) Both rigs had been working in the GOM and had proven to be extremely capable, meaning that the early ...
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10 27

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Maritime Law, Oil Companies
The oil and gas industry is constantly growing in the U.S., and one of the biggest hubs of activity and growth is the Gulf of Mexico. The U.S. Energy Information Administration states that offshore oil production in the Gulf of Mexico accounts for 23% of America's crude oil production, along with 7% of natural gas. New wells are constantly being researched, providing an opportunity for those ...
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