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Tag Archives: offshore

“No bailout money unless you bring jobs home” says France to its car companies

Car factory. Workers

BLOOMBERG, MAY 14, 2020 By William Horobin and Tara Patel for Bloomberg – France plans to attach strings to any injection of public money into its crisis-hit automotive industry, with the repatriation of manufacturing a top priority. What kind of in-shoring are you going to do? France’s Finance Minister Bruno Le Maire wants French car companies to bring back jobs to France in …

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BP’s new seismic technology just discovered a billion barrels of oil in the Gulf of Mexico

Oil platform in the Gulf of Mexico

Peter Stewart, PortandTerminal.com, January 8, 2019 Hamburg, Germany – BP’s investment in next-generation technology just paid off to the tune of a billion barrels of oil. BP made the massive 1 billion-barrel discovery at its Thunder Horse field off the tip of Louisiana. Thunder Horse is the company’s largest production and drilling platform in the Gulf of Mexico. BP is …

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