All publications by tag «WATER»
BP - The Court Supervised Settlement Program (CSSP) established as part of the Deepwater Horizon (DWH) class action settlement is winding down. BP now expects to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter 2017 results for the remaining Business Economic Loss (BEL) and other claims associated with the CSSP. The cash impact is expected to be spread over a multi-year period.
Global offshore oil production (including lease condensate and hydrocarbon gas liquids) from deepwater projects reached 9.3 million barrels per day (b/d) in 2015. Deepwater production, or production in water of depths greater than 125 meters, has increased 25% from nearly 7 million b/d a decade ago.
“Indeed, youth seeds yield high crops. Our program activities were developed as pilots, but they are also a source of good practices and lessons to be used as a rich ground for the development of new joint World Bank and donor partners projects,”
Shale oil, gas face tight competition for water
Deep Water Fracking Next Frontier for Offshore Drilling
Noble Says Second-Quarter Profit Gains 5% on Bigger Volumes
OTC: Shale, deepwater development present different challenges
Rising energy demand a threat to strained water supplies - UN