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Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig [7] owned by Transocean and operated by the BP company. On April 20, 2010, while drilling in the Gulf of Mexico at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. [8]
The U.S. Travel Association estimated that the economic impact of the deepwater horizon oil spill on tourism across the Gulf Coast over a three-year period could exceed approximately $23 billion, in a region that supports over 400,000 travel industry jobs generating $34 billion in revenue annually. [54] [55] A 2013 study in the Journal of ...
ION Geophysical was a technology-focused company that provided advanced acquisition equipment, software, planning, and seismic processing services, as well as seismic data libraries to the global oil and gas industry. Here are the key details: Company Overview: Name: ION Geophysical Corporation. Industry: Geophysical solutions for oil and gas.
Deepwater Horizon was a 10-year-old [30] semi-submersible, mobile, floating, dynamically positioned drilling rig that could operate in waters up to 10,000 ft (3,000 m) deep. [31] Built by South Korean company Hyundai Heavy Industries [ 32 ] and owned by Transocean , the rig operated under the Marshallese flag of convenience , and was chartered ...
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Drill line. Crown block. Derrick. Racking Board (Sometimes referred to as the Monkey Board) Stand (of drill pipe) Setback (floor) Swivel (On newer rigs this may be replaced by a top drive) Kelly drive. Rotary table.
Fear has set in on Wall Street, and stocks are having another miserable day. The Dow tumbled more than 1,000 points, and the broader market plunged 3% Monday. The Nasdaq, full of risky tech stocks ...
New York Daily News says that Judge Feldman who overturned the moratorium reported owning $15,000 in shares of Transocean Ltd. stock in 2008 and also owned stock in Halliburton. [citation needed] BP removes the containment cap on the blowout preventer after an undersea robot collides with it. The operation halts oil flow to the Discoverer ...