About Superior Energy
Contact Us

Superior Energy Services, Inc.
601 Poydras St., Suite 2400
New Orleans, LA 70130
Phone: 504-587-7374
Fax: 504-362-1818

Email:
info@superiorenergy.com

News

Raymond James Superior Energy Services, Inc. to Present at the Raymond James Institutional Investors Conference

March 8, 2010 — Superior Energy Services, Inc. (NYSE: SPN) today announced that Terence Hall, Chairman and Chief Executive Officer, will present at the Raymond James 31st Annual Institutional Investors Conference being held March 7-10, 2010 in Orlando. Superior Energy's presentation will be webcast live on Tuesday, March 9, 2010 at 1:40 p.m. Eastern Time.
...read more.

ILF Stabil Drill Supports the International Lifeline Fund

February 25, 2010 — Stabil Drill, a Superior Energy Services company, heard about problems a nonprofit group in Lira, Uganda, was having drilling water wells last year.
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Tim Murphy HB Rentals Names Murphy Technical Sales & Marketing Manager

February 24, 2010 — Accommodations specialist, HB Rentals, a Superior Energy Services company, has named Tim Murphy Technical Sales and Marketing Manager, announced President Deidre Toups.
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Fourth Quarter Superior Energy Services, Inc. Reports Fourth Quarter and Full Year 2009 Results

February 24, 2010 — Superior Energy Services, Inc. (NYSE: SPN) today announced a net loss of $114.6 million, or $1.46 per share on revenue of $264.6 million for the fourth quarter of 2009, as compared with net income of $83.3 million, or $1.06 per diluted share, on revenue of $491.8 million for the fourth quarter of 2008.

Excluding the previously announced special charges and the impact of the wreck removal project cost increases, for the fourth quarter of 2009, the Company had adjusted net income of $16.5 million, or $0.21 per diluted share, compared with net income of $88.5 million, or $1.13 per diluted share, for the fourth quarter of 2008.

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Fourth Quarter Superior Energy Services, Inc. Announces 2009 Fourth Quarter Earnings Release and Conference Call Schedule

February 5, 2010 — Superior Energy Services, Inc. (NYSE: SPN) announced today that it will release its 2009 fourth quarter results on Wednesday, February 24, 2010 after the market closes.
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Halline Marine Superior Energy Completes Hallin Marine Acquisition, Details Fourth Quarter 2009 Charges, and Provides 2010 Earnings Guidance

February 1, 2010 — Superior Energy Services, Inc. (NYSE: SPN) today announced the following: The previously announced acquisition of Hallin Marine Subsea International Plc ("Hallin") has been completed.
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Superior Energy Services and Shell Sign Bullwinkle Decommissioning Deal Superior Energy Services and Shell Sign Bullwinkle Decommissioning Deal

February 1, 2010 — Today, Superior Energy Services, Inc. (NYSE: SPN) ("Superior") announces it now has ownership of Shell's Gulf of Mexico Bullwinkle platform, and related assets.
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Be Safe Be Seen "Be Safe Be Seen" Premier Oilfield Reflective Tags for School Children

January 26, 2010 — Aberdeen-headquartered Premier Oilfield Rentals has provided school pupils in the city with a free reflective dangle tag as part of their "Be Safe Be Seen" Campaign.
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Stabil Drill Sends Patented Pneumatic Mud Bucket to Russia Stabil Drill Sends Patented Pneumatic Mud Bucket to Russia

January 11, 2010 — Stabil Drill, a Superior Energy Services company, has sent one of its patented Pneumatic Mud Buckets to Sakhalin, Russia, to assist on a rig with problems while breaking drill pipe, announced President Sammy Russo.
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Superior Energy Services, Inc. to Present at the Johnson Rice Energy Conference Superior Energy Services Replaces Expiring $350 Million Share Repurchase Program

December 16, 2009 — Superior Energy Services, Inc. (NYSE: SPN) announced today that its Board of Directors has authorized a share repurchase program of the company's common stock to replace the existing program which expires on December 31, 2009.
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Halline Marine Superior Energy Services, Inc. Announces Agreement to Acquire Singapore-Based Hallin Marine Subsea International Plc

December 11, 2009 — Superior Energy Services, Inc. today announced that it has entered into an Implementation Agreement with Hallin Marine Subsea International Plc, to acquire Hallin for a price of 233 pence in cash per Hallin share.
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Stabil Drill Hires Valmorbida for Latin American Business Development Stabil Drill Hires Valmorbida for Latin American Business Development

December 8, 2009 — Stabil Drill, a Superior Energy Services company, has hired Iuri Valmorbida as a part of its International Business Development team for Latin America, announced Chief Executive Officer Sammy Russo.
...read more.

CapitalOne Southcoast Superior Energy Services, Inc. to Present at the Capital One Southcoast 2009 Energy Conference

December 7, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced that Terence Hall, Chairman and Chief Executive Officer, will present at the Capital One Southcoast 2009 Energy Conference being held December 8-10, 2009 in New Orleans.
...read more.

HB Rentals builds highest-specification cabins for Norwegian market First cabin already on year-long rental with Weatherford HB Rentals builds highest-specification cabins for Norwegian market First cabin already on year-long rental with Weatherford

November 23, 2009 — GLOBAL modular accommodation specialist HB Rentals has invested £500,000 in building six of the world's highest-standard modules for the offshore industry - and has already delivered the first of these to Weatherford on a year-long contract.
...read more.

Premier Oilfield Rentals Announces Opening of Kazakhstan Facility Premier Oilfield Rentals Announces Opening of Kazakhstan Facility

November 13, 2009 — Premier Oilfield Rentals announces the opening of its joint venture service facility in Aktau, Kazakhstan, marking the expansion of its operations into the Caspian region. Premier-Borkit Oilfield Services LLP was launched in 2008 as a result of a formal link up between Premier and Borkit International Ltd, a Kazakhstan-based organization.
...read more.

Premier Oilfield Rentals Announces Opening of Kazakhstan Facility CSI Technologies Receives Grant from the Department Of Energy

November 11, 2009 — CSI Technologies, a Superior Energy Services company, was recently awarded a grant from the Department of Energy to accelerate domestic geothermal energy through research and development, announced CSI President Fred Sabins.
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Superior Energy Services, Inc. Reports Third Quarter 2009 Results Superior Energy Services, Inc. Reports Third Quarter 2009 Results

October 28, 2009 — Core Earnings of $0.36 Per Diluted Share Before Non-Cash Charges NEW ORLEANS, Oct. 28 /PRNewswire-FirstCall/ -- Superior Energy Services, Inc. (NYSE: SPN) today announced net income of $24.4 million, or $0.31 per diluted share on revenue of $386.5 million for the third quarter of 2009. Net income for the third quarter of 2008 was $97.3 million, or $1.19 per diluted share on revenue of $490.3 million.
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Superior to Exhibit at Drilling & Completing Trouble Zones Forum Superior to Exhibit at Drilling & Completing Trouble Zones Forum

October 15, 2009 — Superior Energy Services will exhibit at the 2009 Drilling & Completing Trouble Zones Forum on October 20 - 22 at the San Luis Resort & Convention Center in Galveston, TX. This event will highlight the latest developments in a variety of technologies aimed at drilling and completing trouble zones.
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Superior Energy Services, Inc. Announces 2009 Third Quarter Earnings Release and Conference Call Schedule Superior Energy Services, Inc. Announces 2009 Third Quarter Earnings Release and Conference Call Schedule

October 8, 2009 — Superior Energy Services, Inc. (NYSE: SPN) announced today that it will release its 2009 third quarter results on Wednesday, October 28, 2009 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, October 29, 2009 at 11:30 a.m. Eastern Time.
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Superior Energy Services, Inc. Announces Change to Presentation Time at the Johnson Rice Energy Conference Superior Energy Services, Inc. Announces Change to Presentation Time at the Johnson Rice Energy Conference

October 5, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced that conference organizers have moved the Company's presentation at the Johnson Rice Energy Conference to a different day in order to accommodate other presenting companies.
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Superior Energy Services, Inc. to Present at the Johnson Rice Energy Conference Superior Energy Services, Inc. to Present at the Johnson Rice Energy Conference

October 5, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced that Terence Hall, Chairman and Chief Executive Officer, will present at the Johnson Rice Energy Conference to be held in New Orleans on October 6-8, 2009.
...read more.

HB Rentals Announces £2 Million Contract with E.ON Ruhrgas at Offshore Europe HB Rentals Announces £2 Million Contract with E.ON Ruhrgas at Offshore Europe

September 10, 2009 — Offshore accommodation leader HB Rentals, a Superior Energy Services company, has won a deal worth more than (GBP) £2 million (USD $3.25 million) to supply a dozen custom-build, high-specification units for global energy production and supply specialist E.ON Ruhrgas.
...read more.

HB Rentals' Outstanding Record Earns Reduced Inspection Oversight HB Rentals' Outstanding Record Earns Reduced Inspection Oversight

September 9, 2009 — Offshore accommodation specialist, HB Rentals, a Superior Energy Services company, has been selected to participate in an alternate inspection program by the U.S. Coast Guard.
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Superior Energy Services Participating in OE 2009 Superior Energy Services Participating in OE 2009

September 4, 2009 — Superior Energy Services, a global provider of oilfield services and equipment, will be among the companies exhibiting September 8-11 in Aberdeen, Scotland, at the Offshore Europe Oil and Gas Conference & Exhibition
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Superior Sponsors Miles Perret Cancer Services Benefit Concert Featuring Clint Black Superior Sponsors Miles Perret Cancer Services Benefit Concert Featuring Clint Black

September 3, 2009 — Superior Energy Services will sponsor the 2009 Miles Perret Cancer Services Benefit Concert to be held on Wednesday, October 28, 2009 in Lafayette, LA.
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Superior Recruitment Superior Recruitment Video Earns Telly Award

August 21, 2009 — Superior Energy Services, a Fortune 1000 oilfield services company, was awarded a Bronze Telly Award, the national standard for video and film production excellence, for its recruitment video titled, "Why Superior."
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HB rentals HB Rentals Unveils Upgraded Four-Man Sleeper Unit

August 12, 2009 — HB Rentals, a Superior Energy Services company, unveils a new four-person portable living unit that raises the level of comfort and convenience in offshore accommodations.
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Above and Beyond. Superior Honored with Employer Support of the Guard and Reserve 'Above and Beyond' Award

August 5, 2009 — Superior Energy Services accepted the 'Above and Beyond' award from the Secretary of Defense Employer Support of the Guard and Reserve.
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2nd Quarter Superior Energy Services, Inc. Reports Second Quarter 2009 Results

July 28, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced a net loss of $68.9 million, or $0.88 per diluted share on revenue of $361.2 million for the second quarter of 2009.
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2nd Quarter Superior Energy Services, Inc. Announces 2009 Second Quarter Earnings Release and Conference Call Schedule

July 7, 2009 — Superior Energy Services, Inc. (NYSE: SPN) announced today that it will release its 2009 second quarter results on Tuesday, July 28, 2009 after the market closes.
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Ribbon Cutting Superior Relocates Two Louisiana Facilities

July 2, 2009 — Superior Energy Services has relocated two of its facilities to better serve the oil and gas industry operating in and along the Gulf Coast.
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Stabil Drill Opens Oklahoma City Facility Stabil Drill Opens Oklahoma City Facility

June 24, 2009 — Stabil Drill, a Superior Energy Services company specializing in bottom hole assembly rental tools, has opened its new facility in Oklahoma City announced President and Chief Executive Officer Sammy Russo.
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Superior Energy Superior Energy Services, Inc. Announces Results of Annual Meeting

May 27, 2009 — Superior Energy Services, Inc. (NYSE: SPN) (the "Company") today announced the results of its 2009 Annual Meeting of Stockholders held on May 22, 2009 in New Orleans, Louisiana.
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Louisiana Energy Conference Superior Energy Services to Present at 2009 7th Annual Louisiana Energy Conference

May 12, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced that Ken Blanchard, President and Chief Operating Officer, will present at the Louisiana Energy Annual Conference. The event will be held on May 13-15, 2009 at the Windsor Court Hotel at 300 Gravier Street in downtown New Orleans.
...read more.

1st Quarter Superior Energy Services, Inc. Announces First Quarter 2009 Results

April 28, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced net income of $56.8 million and diluted earnings per share of $0.72 on revenue of $437.1 million for the first quarter of 2009, as compared with net income of $99.5 million, or $1.21 diluted earnings per share on revenue of $441.4 million for the first quarter of 2008.
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FORTUNE Magazine Superior Energy Services Named to FORTUNE 1000 List

April 27, 2009 — Superior Energy Services, Inc. (NYSE: SPN) has been named to the 2009 FORTUNE 1000 list of the nation's largest companies, announced Terry Hall, Chairman and CEO.
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1st Quarter Superior Energy Services, Inc. Reschedules 2009 First Quarter Conference Call for Wednesday, April 29th

April 7, 2009 — Superior Energy Services, Inc. (NYSE: SPN) announced today that it has rescheduled its 2009 first quarter results to now be distributed on Tuesday, April 28, 2009 after the market closes.
...read more.

Tulane University Superior Energy Services to Present at the 13th Annual Burkenroad Reports Investment Conference

April 20, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced that Terence Hall, Chairman and Chief Executive Officer, will present at the 13th Annual Burkenroad Reports Investment Conference hosted by Tulane University's Freeman School of Business.
...read more.

Miles Perret Cancer Services Superior Energy Services Sponsors a "Night at the Ballpark" Benefiting Miles Perret Cancer Services

April 17, 2009 — Superior Energy Services and Ragin' Cajuns Baseball hit one out of the park for families fighting cancer in Acadiana!
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1st Quarter Superior Energy Services, Inc. Announces 2009 First Quarter Earnings Release and Conference Call Schedule

April 7, 2009 — Superior Energy Services, Inc. (NYSE: SPN) announced today that it will release its 2009 first quarter results on Wednesday, April 29, 2009 after the market closes.
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Patrick Campbell Superior Energy Services, Inc. Names Patrick J. Campbell as Executive Vice President

April 1, 2009 — Superior Energy Services, Inc. (NYSE: SPN) announced today that Patrick J. Campbell has been named Executive Vice President.
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Raymond James Superior Energy Services, Inc. to Present at Raymond James' Institutional Investor Conference

March 6, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced that Terence Hall, Chairman and Chief Executive Officer, will be presenting at the Raymond James & Associates 30th Annual Institutional Investors Conference being held March 8-11, 2009 in Orlando.
...read more.

Subsea Tieback Superior Energy Services Exhibits at the Subsea Tieback Forum & Exhibition

March 2, 2009 — Superior Energy Services will be exhibiting in the upcoming Subsea Tieback Forum & Exhibition (SSTB), March 3-5, in San Antonio booth #641.
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4th Quarter Superior Energy Services Announces Fourth Quarter 2008 Results

February 19, 2009 — Superior Energy Services, Inc. (NYSE: SPN) today announced net income of $85.8 million and diluted earnings per share of $1.09 on revenue of $491.8 million for the fourth quarter of 2008, as compared with net income of $72.0 million, or $0.88 diluted earnings per share on revenue of $413.9 million for the fourth quarter of 2007.
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Superior Pride Superior Energy Services Introduces New Derrick Barge

February 4, 2009 — Superior Energy Services, a global provider of oilfield services and rental equipment, has received the newest vessel in its fleet, the derrick barge Superior Pride. ...read more.

Pressure Pumping Services Superior Energy Services Consolidates Assets to Form Pressure Pumping Division

January 27, 2009 — Superior Energy Services, a global provider of oilfield services and rental equipment, has combined its existing pumping assets to create a consolidated Pressure Pumping Services division. ...read more.

4th Quarter Superior Energy Services, Inc. Announces 2008 Fourth Quarter Earnings Release and Conference Call Schedule

January 22, 2009 — Superior Energy Services, Inc. (NYSE: SPN) announced today that it will release its 2008 fourth quarter and year-end results on Thursday, February 19, 2009 after the market closes. ...read more.

3rd Quarter Superior Energy Services Announces Third Quarter 2008 Results

October 30, 2008 — Superior Energy Services, Inc. (NYSE: SPN) today announced net income of $99.9 million and diluted earnings per share of $1.22 on record revenue of $490.3 million, as compared with net income of $75.1 million, or $0.91 diluted earnings per share on revenue of $398.9 million for the third quarter of 2007. ...read more.

Forbes Superior Ranks No. 3 on Forbes' Best Mid-Cap Stocks in America List

October 15, 2008 — Superior Energy Services has been ranked No. 3 on Forbes' list of Best Mid-Cap Stocks in America. ...read more.

CityBusiness Superior Energy Services Makes the New Orleans CityBusiness Best Places to Work List for Third Consecutive Year

October 14, 2008 — Superior Energy Services was again named one of the Best Places to Work by New Orleans CityBusiness. ...read more.

3rd Quarter Superior Energy Services, Inc. Announces 2008 Third Quarter Earnings Release and Conference Call Schedule

October 8, 2008 — Superior Energy Services, Inc. (NYSE: SPN) announced today that it will release its 2008 third quarter results on Thursday, October 30, 2008 after the market closes. ...read more.

FORTUNE Superior Energy Services Claims Spot 15 on FORTUNE Magazine's Fastest Growing Companies

September 25, 2008 — Superior Energy Services has been ranked No. 15 on FORTUNE  Magazine's Top 100 Fastest Growing Companies in its September 29 issue - up from No. 54 in 2007. ...read more.

Chevron Award Warrior Energy Services Recognized with Chevron's "Raising the Bar Award"

August 27, 2008 — Warrior Energy Services, A Superior Energy Services Company, received Chevron's "Raising the Bar Award" on July 23 at a special ceremony held in Covington, LA. ...read more.

Wild Well Wild Well Control Gives Back to the Industry

August 20, 2008 — Well Control Training, the training division of Wild Well Control Inc., a Superior Energy Services company, is working with the Petroleum Engineering Departments of various US colleges and universities to enhance the skill set of graduating seniors. ...read more.

HB Rentals Promotes Toups to President HB Rentals Promotes Toups to President

August 6, 2008 — HB Rentals, A Superior Energy Services Company, has promoted Deidre Toups to President. ...read more.

ISS Superior Energy Services Announces Second Quarter 2008 Results

July 30, 2008 — Superior Energy Services, Inc. (NYSE: SPN) today announced net income of $73.9 million and diluted earnings per share of $0.89 on revenues of $457.7 million for the second quarter of 2008. ...read more.

ISS Superior Energy Services, Inc. Announces 2008 Second Quarter Earnings Release and Conference Call Schedule

July 14, 2008 — Superior Energy Services, Inc. (NYSE: SPN) (the "Company") announced today that it will release its 2008 second quarter results on Wednesday, July 30, 2008 after the market closes. ...read more.

ISS Superior Energy Services Christens New Liftboat

June 30, 2008 — Superior Energy Services' Marine Services Division christened its new 175-ft class liftboat, the Superior Future, on Friday, June 27 at Marine Industrial Fabrication at 4912 Marina Rd., New Iberia, La. ...read more.

ExxonMobil Award International Snubbing Services Receives ExxonMobil Chairman's Award For Safety

June 13, 2008 — International Snubbing Services (ISS), a Superior Energy Services company, was recently honored with the ExxonMobil Chairman's Award in Australia. This award is the top honor for HSE performance and is presented annually to an ExxonMobil contractor. ...read more.

Annual Meeting Superior Energy Services, Inc. Announces Results of Annual Meeting

May 22, 2008 — Superior Energy Services, Inc. (NYSE: SPN) (the "Company") today announced the results of its 2008 Annual Meeting of Stockholders held on May 21, 2008 in New Orleans, Louisiana. ...read more.

ACG Award Superior Energy Services Wins Corporate Growth Award

May 7, 2008 — Superior Energy Services has been named the winner of the 2008 Outstanding Corporate Growth Award from the Louisiana Chapter of the Association for Corporate Growth (ACG Louisiana). ...read more.

First Quarter 2008 Superior Energy Services Announces First Quarter 2008 Results

May 1, 2008 — Superior Energy Services, Inc. (NYSE: SPN) today announced net income of $102.1 million and diluted earnings per share of $1.24 on revenues of $441.4 million, as compared to net income of $64.0 million, or $0.78 diluted earnings per share on revenues of $362.9 million for the first quarter of 2007. ...read more.

CTC Career Training Center Holds Grand Opening

April 29, 2008 — The Career Training Center (CTC), a Superior Energy Services Company, held a ribbon cutting ceremony and grand opening event on April 18 at its remodeled and expanded location. The CTC is located at 3703 South Lewis St. in New Iberia, La. ...read more.

ConTech Connection Technology Produces 1000th CT3000 Torque Control System

April 29, 2008 — Nearly 25 years after Connection Technology's (ConTech) CT3000 Torque Control System became the industry leader for torque and pressure control, ConTech is manufacturing the 1000th CT3000. ...read more.

New Liftboats Superior Energy Services Purchases 50% Interest in Four Newbuild 265-ft. Class Liftboats

April 29, 2008 — Superior Energy Services, Inc. (NYSE: SPN) ("the Company") announced today that it has purchased a 50% interest in two, 265-ft. class liftboats from Moreno Energy, Inc. ("Moreno Energy"). The Company and Moreno Energy have also entered into contracts to jointly construct on a 50%/50% basis two additional 265-ft. class liftboats. ...read more.

Department of Defense Superior Energy Services Nominated for Employer Support Freedom Award

March 24, 2008 — Superior Energy Services has been nominated for the 2008 Secretary of Defense Employer Support Freedom Award, the highest honor given to employers by the U.S. Government, which recognizes employers who provide outstanding support for military employees. ...read more.

Q4 Superior Energy Services, Inc. Names Executive Vice President and General Counsel

February 29, 2008 — Superior Energy Services, Inc. (NYSE: SPN) announced today that William B. Masters has been named Executive Vice President and General Counsel. ...read more.

Q4 Superior Energy Services Announces 4th Quarter 2007 Results

February 26, 2008 — Superior Energy Services, Inc. (NYSE: SPN) today announced net income of $72.0 million and diluted earnings per share of $0.88 on revenues of $413.9 million, as compared to net income of $62.2 million and $0.76 diluted earnings per share on revenues of $319.1 million for the fourth quarter of 2006. ...read more.

Superior Energy Services, Inc. To Sell 75% of Interest in SPN Resources LLC Superior Energy Services, Inc. To Sell 75% of Interest in SPN Resources LLC

February 26, 2008 — Offshore accommodation specialist HB Rentals, a Superior Energy Services company, has secured another new deal to supply a high-specification engineering cabin to Expro Group in Malaysia. ...read more.

HB Rentals' Growing Singapore Fleet Delivers for Expro HB Rentals' Growing Singapore Fleet Delivers for Expro

February 25, 2008 — Sale Reflects Continued Execution of Geographic Diversification Strategy ...read more.

HB Rentals Donates Chapel to Oilfield Christian Fellowship HB Rentals Donates Chapel to Oilfield Christian Fellowship

February 21, 2008 — HB Rentals, a Superior Energy Services company, recently donated the first Oilfield Fellowship chapel placed within an oilfield man camp. ...read more.

Global Link Wins New Deal In Australia For HB Rentals Global Link Wins New Deal In Australia For HB Rentals

February 15, 2008 — Global offshore accommodation specialist HB Rentals, a Superior Energy Services Company, is working in partnership with another Superior Energy Services Company, International Snubbing Services (ISS), to deliver a custom-equipped engineering cabin from the U.S. to New Zealand ...read more.

Liftboat Image New Superior Energy Services Liftboat to be Christened

February 15, 2008 — Superior Energy Services' Marine Services Division Christened its new 175-foot class liftboat, the Superior Liberty, on Tuesday, Feb. 19 at Marine Industrial Fabrication located at the Port of Iberia in New Iberia, La. ...read more.

Executive Appointments Image Superior Energy Announces Executive Appointments

January 07, 2008 — Superior Energy Services, Inc. (NYSE: SPN) announced today that Patrick Zuber has been appointed Executive Vice President, International Sales, and Charles Hardy has been named Executive Vice President, Marine Services. ...read more.

Decommission Image Superior Energy Services Announces Contracts to Plug Wells and Decommission Platforms in the Gulf of Mexico

January 02, 2008 — Superior Energy Services, Inc. (NYSE: SPN) today announced that its subsidiary, Wild Well Control, Inc., has signed contracts with subsidiaries of BP plc (NYSE: BP), Chevron Corporation (NYSE: CVX) and Apache Corporation (NYSE: APA) to decommission seven downed platforms and related well facilities located offshore Louisiana for a fixed sum of $750 million. ...read more.