BP takes USD 1.7 billion charge on Deepwater Horizon disaster

BP's payments in 2018 in relation to the drilling rig disaster in the Gulf of Mexico will come to around USD 3 billion, as opposed to a previous estimate of slightly more than USD 2 billion.

Photo: Gerald Herbert

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Maersk will spin Drilling off and list it separately

Maersk has now decided to spin off Maersk Drilling as an independent entity that will be listed on then Copenhagen Stock Exchange. The future for Maersk Supply Service remains uncertain, according to Maersk's second quarter interim report Friday. Get an overview of the group's strategy progress here.

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