Transocean sedco forex merger

Posted: spiny-1984 On: 28.05.2017

Deepwater Horizon was an ultra-deepwater, dynamically positionedsemi-submersible offshore drilling rig [8] owned by Transocean. Deepwater Horizon was a fifth-generation, RBS-8D design i. Deepwater Horizon was the second semi-submersible rig constructed of a class of two, although Deepwater Nautilusits predecessor, is not dynamically positioned. Inthe rig was upgraded with "e-drill", a drill monitoring system whereby technical personnel based in HoustonTexas, received real-time drilling data from the rig and transmitted maintenance and troubleshooting information.

Advanced systems played a key role in the rig's operation, from pressure and drill monitoring technology, to automated shutoff systems [18] and modelling systems for cementing. The OptiCem cement modelling system, used by Halliburton in Aprilplayed a crucial part in cement slurry mix and support decisions.

These decisions became a focus for investigations into the explosion on the rig that month. Transocean, through its Steinhausen, Switzerland [22] subsidiary [23] Triton Asset Leasing GmbH, [1] [7] operated the rig under the Marshallese flag of convenience. It was described at times as a "lucky" and "celebrated" rig, [33] and in was still described as "one of the most powerful rigs in the world". The remainder partly relates to time spent between sites.

transocean sedco forex merger

The Minerals Management Service renamed on 18 June to the Bureau of Ocean Energy Management, Regulation and Enforcementor Bureau of Ocean Energy BOE [50] is the regulatory and inspecting body for offshore oil drilling and rigs in the United States of America.

Each of these inspections had taken two hours or less. During its lifetime the rig received 5 citations for non-compliance, 4 of which were in safety, including the blowout preventer and the other in pollution. This was soon followed by the eruption of a slushy combination of drilling mudmethane gasand water.

TRANSOCEAN SEDCO-FOREX | Rigzone

The gas component of the slushy material quickly transitioned into a fully gaseous state and then ignited into a series of explosions and then a firestorm. An attempt was made to activate the blowout preventerbut it failed. The rig was evacuated, with injured workers airlifted to medical facilities.

transocean sedco forex merger

After approximately 36 hours, Deepwater Horizon sank on 22 April The resultant oil spill continued until 15 July when it was closed by a cap. Litigation, ultimate roll call of damage, and the scope of final insurance recovery were all unknown as of June [update]with analysts reporting that the aftermath was of unprecedented scale and complexity compared to previous disasters which themselves took many years to unfold and resolve.

District Judge Carl Barbier ruled BP was guilty of gross negligence and willful misconduct under the Clean Water Act CWA. He described BP's actions as "reckless," while he said Transocean's and Halliburton's actions were "negligent. BP issued a statement strongly disagreeing with the finding, and saying the court's decision would be appealed. On 8 DecemberThe US Supreme Court rejected BP's legal challenge to a compensation deal over the Gulf of Mexico oil spill.

An eponymously named film which was released in the US on 30 September directed by Peter Berg and starring Mark Wahlberg hdfc currency trading, showcased the events of the explosion.

From Wikipedia, the free encyclopedia. This article is about the drilling rig. For the explosion, see Deepwater Horizon explosion. For the oil spill, see Deepwater Horizon oil spill. Transocean sedco forex merger the film, see Deepwater Horizon film. For other related articles, see Deepwater Horizon disambiguation. Deepwater Horizon semi-submersible drilling rig. Deepwater Horizon explosion and Deepwater Horizon oil spill.

Securities and Exchange Commission. Retrieved 11 June Office of the Maritime Administrator.

Retrieved 25 February US Government Minerals Management Service. Retrieved 23 June Provides Deepwater Horizon Update" Press release. Retrieved 21 May A Timeline of Events". Retrieved 9 June American Bureau of Shipping. Retrieved 22 April Archived from the original on 26 April Retrieved 7 June Retrieved 29 June Retrieved 20 June Retrieved 28 May Retrieved 12 November Provides Deepwater Horizon Update". Subsidiaries SEC FileAccession Number ".

SEC EDGAR database, for the U. Retrieved penistone livestock market May Announces Contract Awards for Two High-Specification Semisubmersible Rigs. Eckhardt, PE; Arthur Faherty 20 May Retrieved 17 June Retrieved 29 May Retrieved 18 June Retrieved 24 April Archived from the original on 28 April Forex link list trading 2 September Retrieved 26 May Retrieved 9 May US Minerals Management Service.

Retrieved 6 June Retrieved 18 May Retrieved 21 April The New York Times. Deepwater Horizon Aftermath Could Affect Next Lease Sale". Search Continues for 11 Missing Workers". Retrieved 19 July Oil rig inspections fell short of guidelines". Retrieved 24 June Bromwich to Lead Bureau of Ocean Energy Management, Regulation and Enforcement". Bureau of Ocean Energy Management, Regulation and Enforcement. Archived from the original live stock market ticker for mac 26 June Retrieved 4 June Why is BP taking ALL the blame?

Retrieved 29 April National Oceanic and Atmospheric AdministrationOffice of Response and Restoration. Archived from the original on 29 April Retrieved 25 April Retrieved 2 May Deepwater Horizon Well Is Effectively Dead". Retrieved 19 September Psychological impact of Gulf oil spill won't fully emerge for years". Retrieved 3 September Retrieved 5 September This audio file was created from a revision 300 second binary options brokers in uk the " Deepwater Horizon " article datedand does not reflect subsequent transocean sedco forex merger to the article.

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