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Deepwater Horizon

Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

Plan OK’d to drill into BP’s ill-fated Macondo reservoir

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A privately owned Louisiana firm will be looking to extract oil and gas deep under the Gulf of Mexico’s seafloor, an undertaking that proved catastrophic for BP.
Cameron’s Mark IV High-Availability BOP Control System is the only blowout prevention system that features three points-of-distribution, or PODs, which significantly lessens the chance of delays in drilling in the event of a POD failure. 

Credit Cameron

Cameron says its Mark IV blowout preventer is “future-proofed”

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Work on the Mark IV HA began three years ago with six months of research, followed by two-and-a-half years of engineering.
(AP Photo/Gerald Herbert, File)

Jury trials for medical suits over BP spill approved

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“BP disagrees with the Court’s ruling and is considering its options,” a company spokesman said.
(Matthew Lloyd/Bloomberg)

BP says oil spill bill over $2 billion would be “severe”

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Any fine above $2 billion against BP for the Deepwater Horizon disaster would be “extraordinary and severe,” double the highest-ever U.S. water-pollution fine and potentially crippling its American oil business, BP said in court documents.
(AP Photo/Gerald Herbert, File)

Video: Ocean researchers show what BP spill site looks like five years later

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Five years after the Deepwater Horizon oil rig sank into the Gulf of Mexico, scientists with an ocean research and exploration group released video of what the underwater site of one of the worst oil spills in history looks like today.
(Matthew Lloyd/Bloomberg)

Activists occupy BP headquarters ahead of 5-year anniversary of Gulf oil spill

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Protesters carried signs criticizing the company’s response to the 2010 offshore platform explosion and oil spill that killed 11 workers and unleashed hundreds of millions of gallons of oil into the Gulf in 2010.
The Deepwater Horizon blowout preventer is lifted onto the deck of the Helix Q4000 in the Gulf of Mexico near the coast of Louisiana in September 2010. (AP file photo/Patrick Semansky)

Five years after Gulf disaster, feds ready new well control and blowout preventer mandates

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The Obama administration is poised to lay out new requirements for controlling offshore wells, nearly five years after the Gulf of Mexico oil spill vividly illustrated the damage that can be unleashed when they are not kept in check.
(AP Photo/Gerald Herbert, File)

Chemical Safety Board prevails in Deepwater Horizon case

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In a dispute over Deepwater Horizon documents, the International Association of Drilling Contractors has warned that a court ruling in favor of the Chemical Safety Board would upset decades of precedent governing the offshore oil sector.
Patrick Juneau, administrator of the Deepwater Horizon Claims Center. (Houston Chronicle)

BP makes peace with oil spill claims boss

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The British oil giant said Friday it is withdrawing an appeal of its request for a federal judge to fire Patrick Juneau, the claims administrator of BP’s settlement program, which has paid more than $4 billion to thousands of Gulf Coast businesses and residents who have claimed financial losses after the 2010 Deepwater Horizon disaster.
(AP Photo/Gerald Herbert, File)

Judge rejects BP appeal on cap for Gulf oil spill liabilities

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Barbier said he hasn’t yet determined the actual amount of the civil penalty stemming from the Gulf of Mexico spill, which could run as high as $13.7 billion.