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Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360ยบ

(World Oil) –Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore.

Oil 130
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Ninth and Fifth Circuits Split on Issue of Punitive Damages Under Maritime Law

The Energy Law

404 (2009). In Townsend, the Supreme Court ruled that punitive damages are available to seamen in claims against their employers for willful or wanton failure to pay maintenance and cure. The Courtโ€™s reasoning hinged largely on the fact that both punitive damages and maintenance and cure predated passage of the Jones Act.

Casing 40
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Possible Change to Jones Act Interpretations Regarding Coastwise Activities

The Energy Law

After failed attempts to expand the scope of the Jones Actโ€™s prohibition on activities by non-coastwise endorsed vessels in 2009 and 2017, CBP recently published a notice of proposed modification and revocation of certain ruling letters interpreting the Jones Act ( see [link] ).