Blowout and Offshore - Energy Aggregated

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Blowout

Offshore

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

Oil & Gas 360º

JUNE 25, 2025

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. Unlike Shell, which includes $28.5 billion of such liabilities in its $41.5 billion net debt, BP excludes them.

Blowout

Blowout Oil IT Completion

A Guide to Enhanced Oil Recovery (EOR)

Drillers

FEBRUARY 25, 2020

The gushing itself would now be called a blowout and drillers nowadays have blowout preventers to stop the oil from springing up in a fountain. At offshore fields, water is abundantly available and at onshore fields drillers often use the water that comes out of the well along with the oil instead of disposing of it.

Oil

Oil Gas Crude Oil Blowout

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

A Guide to Enhanced Oil Recovery (EOR)

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