According to a report from the Associated Press, Transocean is planning a memorial at the site of the Deepwater Horizon explosion next month for relatives of the 11 men who died in the April 20th disaster. Transocean is said to be arranging for a morning flyover at sea and a private evening memorial service on land.
Meanwhile, the Wall Street Journal says that wrongful-death settlements with families of workers killed in the oil-rig explosion are running at $8 million to $9 million so far, as companies are eager to settle the cases and avoid widely publicized trials.
Separately, the Justice Department is considering a broad range of civil and criminal charges against some of the people and companies involved in the oil spill, including involuntary-manslaughter charges for any acts of reckless negligence contributing to the deaths, according to a person familiar with the matter. The department declined to comment on Tuesday.
The Department of the Interior has announced a new rule aiming to ensure that costs related to the decommissioning of offshore platforms are covered by the oil and gas industry,...
(Bloomberg) — For a company that made its name with frontier oil discoveries from Iran to Alaska, BP Plc is notably absent from today’s hottest new oil plays. The company’s...
Virginia-based energy company Dominion Energy has announced the launch of the first U.S.-built and Jones Act-compliant offshore wind turbine installation vessel, the Charybdis. A 472-foot vessel is being built at the...
April 15, 2024
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