BP expects to pay out over $60 million in advance payments to US Gulf Coast claimants in August, on top of $256 million in claims related to the Deepwater Horizon oil spill paid to date ...

Under a joint venture, Keppel FELS and Seafox Group will build and own a $220 million wind turbine installation vessel based on Keppel's multi-purpose self-elevating platform (MPSEP) design ...

Acergy won a $1.3 billion contract for the engineering, procurement, fabrication, and installation of a deepwater development offshore West Africa, the company said 29 July 2010 ...

The Industry Technology Facilitator (ITF) is offering up to 100% financing for innovative solutions to tackle the challenges of dealing with produced fluids management, the global oil and gas organization said 29 July 2010 ...

Kea Petroleum has finished acquiring 100% interest in the New Zealand Petroleum Exploration Permit PEP 381204 from Genesis Power, Kea announced 29 July 2010 ...

While the newest "solution" -- a much larger and tighter-fitting cap -- was being secured (& tested) atop BP's massive oil leak in the Gulf of Mexico the week of July 12, 2010, an in-depth article went beyond current headlines and sound bites ...

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