Bill Brandt, an American who worked for BP for 20 years, has moved to Arizona, where he works with the state university setting up clean-energy joint ventures.
After some false starts and pratfalls, BP cut a deal that will leave BP owning 20% of state-controlled Rosneft, which will become the world's largest publicly traded oil company.
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The rig, which was leased by BP, exploded on 20 April 2010, killing 11 workers.
Other companies that have underperformed the group of 20 include BP, Anadarko Petroleum, Hess, Statoil, and Royal Dutch Shell, among others.
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Petroleum engineers don't have the best reputation at the moment, thanks to all that oil gushing into the Gulf of Mexico from BP's April 20 rig explosion.
In line with the cash share price tumble the Credit Default Swap on BP broke higher by 20 basis points 10 trade at 103bps over 3 month LIBOR.
For the other half, Sempra contracted to buy LNG for 20 years from BP's Tangguh project in Indonesia.
The US is vital for BP, accounting for more than 20% of its global daily production.
In Russia BP is now teamed up with Rosneft which bought its stake in TNK-BP in exchange for cash and a 20% equity stake and will seek to deploy its shale-cracking technology there.
FORBES: BP's Bob Dudley Dodges Trial Specifics In Speech To Oil Industry Faithful
Since the April 20 explosions and fire, BP is carefully evaluating the subsea blow-out preventers used in all our drilling operations world-wide, including the testing and maintenance procedures of our drilling contractors using the devices.
The Deepwater Horizon rig - operated by Transocean on behalf of BP and its partners - exploded on 20 April and later sank with the loss of 11 lives, leading to the worst oil spill in US history.
However, to date the only person arrested from the BP team has been Kurt Mix who was recruited by BP hours after the Macondo Well exploded on April 20, 2010.
FORBES: Former BP Engineer Kurt Mix Asks For Charges Against Him To Be Dismissed
Okay, folks, the topic for today is the BP oil rig catastrophe in the Gulf of Mexico that occurred on April 20.
Transocean owned the Deepwater Horizon, which exploded and sank on April 20, 2010 while it was under contract to well operator BP.
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So a big chunk of the 20, 000 who are already down there are being paid by BP.
WHITEHOUSE: Deepwater BP Oil Spill: Presidential Press Conference
It is called BP Holding North America and the corp structure is outlined on page 175 of the 20-F.
The BP well erupted after an explosion and fire on the leased Deepwater Horizon drilling rig on April 20 that killed 11 people.
In effect, the personnel on the BP oil drilling platform, Deepwater Horizon, were poorly prepared for events that took place on April 20, 2010.
Also lifting BP were the good vibes and apparent mutual agreement about BP between U.S. President Obama and U.K. Prime Minister Cameron at the G-20 summit.
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