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Devil’s in the details: Why BP’s debt may deter a buyer

Oil & Gas 360º

Finally, BP is still paying for the 2010 Macondo disaster, when a blowout at an offshore platform in the Gulf of Mexico caused one of the world’s worst oil spills. BP’s valuation could improve if it completes its $20 billion asset disposal plan by 2026. Unlike Shell, which includes $28.5 billion of such liabilities in its $41.5

Blowout 130
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Drilling Rig Systems

Rig Skills

How Drilling rig Systems Work-Complete Guide Buy Now Crown Block Crown block is top most part of mast or derrick. Draw works It have a drum on which drilling line is reel in and out to move travelling block inside mast or derrick for raising and lowering drilling string. It have number of sheaves on it.