BP reaches settlement in Deepwater Horizon case
With the Deepwater Horizon civil trial set to start on March 5, BP announced it had reached a $7.8 billion settlement with the Plaintiffs’ Steering Committee (PSC), subject to final written agreement,
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ATP Oil & Gas Corporation gets deepwater drilling permit
ATP Oil & Gas Corporation (NASDAQ: ATPG) today reported that it has received a permit to resume drilling the Mississippi Canyon (“MC”) Block 941 #4 well in the deepwater Gulf of Mexico.
BOEMRE issues first deepwater drilling permit since moratorium
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced what BOEMRE Director Michael R. Bromwichj called a “significant milestone.” It approved the first deepwater drilling permit since the Deepwater