was the financial crisis, then the oil spill in the Gulf of Mexico , and now, a European debt crisis that has put pressure ..... claims and expenses related to the oil spill in the Gulf of Mexico . It seems that the company has taken strong steps to
in shares is sooner opposed to later before the negative stigma has worn off from the cataclysmic oil spill in the Gulf of Mexico . BP is clearly undervalued, as its stock price does not reflect its true worth right now. The figures on its balance
Anadarko Petroleum ( APC -2.3% ) says an exploration well drilled at its Spartacus prospect in the Gulf of Mexico has turned up dry . The unsuccessful well is a small setback for APC amid a string of major discoveries in the Gulf, an area where
profitability can decline significantly. Further, Diamond has been slower than its peers in moving jackup rigs out of the Gulf of Mexico . This misstep has exposed the firm to a rapidly weakening drilling market and has cost it more lucrative opportunities
its production base away from the Norwegian continental shelf, and buying Spinnaker, which produces mainly in the Gulf of Mexico , is an important step. Hydro is paying more than $8 per thousand cubic feet of proved reserves, which is much higher
PARIS, May 23 (Reuters) - France's Technip said on Wednesday it has been awarded two subsea contracts to build a series of rigid pipelines in the Gulf of Mexico worth 105 million euros ($133.96 million).
as $1.125B into a deepwater oil-and-gas exploration start-up, continuing private equity's dive into the Gulf of Mexico but differing from many in its focus on the high-risk, high-reward deepwater business. "With the improved safety
May 22 (Reuters) - Venari Resources, an early-stage oil and gas exploration company, has secured about $1.13 billion from leading investment firms to fund its growth plans in the Gulf of Mexico .
in 2003 (and again in 2011), Gulf of Mexico deepwater in 2010--but have ..... and deepwater developments in the Gulf of Mexico , as well as oil and gas projects ..... a major deepwater player in the Gulf of Mexico and also served to augment the
well on its way to concluding an estimated $7.8 billion settlement to resolve most of its civil liability from the Gulf of Mexico oil spill. But a potential landmine lurks in the settlement documents: under certain circumstances, the company