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

Oil & Gas 360º

oil majors such as Exxon Mobil or Chevron. Abu Dhabi National Oil Company considered a takeover in 2024, but did not proceed, Reuters reported. 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.

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Well Blowout

Drilling Manual

Well blowout is an uncontrolled release of flowing fluids (e.g., gas, oil, water, and mud) from a well once pressure control systemssuch as BOP Stack are completely lost. This uncontrolled flow will end up with a well kick that increases in severity and may result in a blowout. The well control can only be recovered.

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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.