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DNV GL has classed the world’s largest semi-submersible drilling rig, Ocean Greatwhite.

BP has extended contracts for 14 OSVs from Topaz Energy and Marine operating in Caspian Sea.

K Line and Chandris' joint venture has entered into time charter contracts with BP for two newbuild LNG carriers.

The oil company BP took a big step towards delineating the full extent of settlements and penalties, stemming from the 2010 Deepwater Horizon accident, in the U. Gulf. Recently, the oil giant agreed a deal, aggregating $18.7bn with the US Federal government for penalties under the Clean Water Act and with five affected states in the US Gulf.

BP has reached agreements in principle to settle federal, state and local US claims related to the Deepwater Horizon incident in 2010.

BP has become the latest oil major to announce staffing cuts in the North Sea, as the price of crude oil continues to fall.

Unipec topped the list of dirty tanker charterers in 2014, and was by far the largest hirer of VLCC tonnage, according to brokers Poten & Partners.

A recent court ruling against BP for its part in the Macondo incident is bound to hold great significance for offshore contractors, delegates at SMM's Offshore Dialogue heard this afternoon.

Offshore vessel operator Topaz Energy and Marine, has announced it has secured charters for nine of its offshore support vessels, to Saipem, amounting to $20m.

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