Subscribe to RSS feedOil majors set to order floating rigs despite BP catastrophe
MAJOR oil companies are still pushing ahead with developing large oil and gas fields with floating production systems in the US Gulf of Mexico, despite the fallout from the Deepwater Horizon blowout.
UK oil major BP,US-based ExxonMobil and Anadarko Petroleum have joined forces with Chevron and Shell to develop large oil and gas fields with production semi-submersibles.
US-based Chevron was already developing its Jack-St Malo project with a large semi-submersible and...
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