They are still fighting to save Thunder Horse. They are working to remove water from the platform. The Coast Guard Cutter Pelican is on the scene to
assist in the event of an emergency. BP spokesman David Nicholas (obviously trying to relax the shareholders) said: "
The platform is stable".
The shares of BP had their largest drop in seven months...
RigZone: Thunder Horse Response Effort Continues
Thunder Horse Moored Semisubmersible PDQ
(Click to Enlarge)
July 14, 2005
In a joint-agency response, the Department of Homeland Security's U.S. Coast Guard and Department of the Interior's Minerals Management Service are
coordinating with BP and other agencies on the ongoing operations to right the listing Thunder Horse semisubmersible platform.
Response and recovery efforts for the semisubmersible platform will continue as contract crews and BP employees work to remove water from the
platform.
The Coast Guard Cutter Pelican, an 87-foot patrol boat homeported in Abbeville, La., is on scene enforcing a safety zone and will provide search and
rescue response capabilities in the event of an emergency.
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Bloomberg: BP to Deploy More Pumps to Right Tilting Thunder Horse
Platform
July 14
BP Plc, the world's second-largest publicly traded oil company, plans to deploy more pumps in an effort to right its $1 billion Thunder Horse oil and
gas platform in the Gulf of Mexico, the world's largest rig of its kind.
``The platform is stable after two and half days'' of rescue operations, London-based BP spokesman David Nicholas said in a telephone interview
today. ``There is a reliable source of power, and there are lights on board.''
BP three days ago said it found the platform tilted at about a 20-degree angle following a report from a passing vessel after Hurricane Dennis struck
the gulf. The staff of the 50,000-ton platform, located 150 miles southeast of New Orleans, had already been evacuated before the storm.
The shares of BP on July 12 had their largest drop in seven months on concern of delays to the project. BP shares rose 4 pence, or 0.6 percent, to
625.5 pence as of 10:27 a.m. London time today.
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