Lloyd’s Register Group has announced it is developing new software to monitor the performance of blow-out preventers in the wake of last year’s Macondo disaster. The London-based risk management ...

HOUSTON--(BUSINESS WIRE)--When things go wrong in an offshore oil and gas drilling project, the blowout preventer is the last line of defense to keep an accident or unexpected event from turning into ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. The drilling rig that blew was floating in the deep seas, about 5,000 ...

HOUSTON--(BUSINESS WIRE)--BOP Technologies, a Houston-based innovator for oil and gas blowout preventers (BOP) and well intervention systems, is announcing a new approach to allow a BOP to work even ...

Problems were detected in two blowout preventers on deepwater wells in the Gulf of Mexico last week, causing companies to temporarily cap the wells, officials with the companies involved confirmed to ...

Testing of Shell’s proposed Arctic-ready capping stack system was supervised this week by the U.S. Bureau of Safety and Environmental Enforcement (BSEE) in Puget Sound, BSEE Director Brian Salerno ...

Shear rams are components in a blowout preventer that cut, or shear, through drill pipe and form a seal against well pressure. Blowout preventers sit at the wellhead of exploratory wells and are ...

(Reuters) - Cameron International Corp agreed a $250 million settlement with BP to help pay for costs associated with the Gulf of Mexico oil spill, raising hopes that deals between the British oil ...