Ai Feedback
Exact(20)
Halliburton and Baker Hughes are based in Houston, as is the drilling unit of Schlumberger, which is based in Paris.
Jim Oberstar, a Democratic congressman from Minnesota, suggested last week that the move was to scrimp on safety inspections: "Coastguard inspection of a US-flagged moffshorefshore drilling unit takes two to three weeks, but the safety examination of a foreign flag offshore drilling unit, such as Deepwater Horizon, takes four to eight hours".
Baker Hughes Inc., which provides services to the oil industry, said yesterday that it would restate earnings for several years, reducing past profit by $31 million, because of accounting errors at its Inteq drilling unit.
"The National Transportation Safety Board determines that the probable cause of the grounding of the mobile offshore drilling unit Kulluk was Shell's inadequate assessment of the risk for its planned tow of the Kulluk," said the NTSB report.
Slimmer margins at the oil-refining unit, which accounted for about two-thirds of BP's revenue last year, will be partly offset by wider margins at BP's drilling unit, which gains when prices rise, because it can charge more for the oil it pumps from the ground.
While the news was good for the drilling unit.
Similar(39)
The company said net profits more than doubled from $28.4m to $66.6m, helped by unexpected demand for more modern and efficient drilling units in the wake of the Macondo spillage in the Gulf of Mexico.
The Edinburgh-based company had two drilling units in place so one could go to the assistance of the other in the event of a "blowout" or other problem.
And the study faulted the Coast Guard itself for failing to ensure that large, complex offshore drilling units registered in foreign nations but operating in United States waters were properly maintained, staffed and inspected.
It has a fleet of 82 offshore drilling units.
Its operations include nine offshore mobile drilling units located in five regions: offshore Southeast Asia, offshore Africa, offshore Australia, offshore South America and the Mediterranean Sea.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com