Drilling company Transocean had an incident on one of its North Sea rigs similar to the problem which caused the biggest oil spill in US history earlier this year, it has emerged.

Transocean was operating BP's Deepwater Horizon rig when it suffered a blow-out, killing 11 workers and releasing millions of barrels of oil into the Gulf of Mexico.

An internal company report obtained by the BBC shows that four months before the US disaster the Sedco 711 rig in the North Sea, which is leased by Shell and operated by Transocean, experienced similar problems.

In this case, however, the blow-out preventer - which is believed to have failed on the Deepwater Horizon - worked effectively, preventing oil and gas from spurting uncontrolled up the rig's pipe.

The incident on December 23 2009 was investigated by the Health and Safety Executive and Transocean drew up an internal report.

Oil expert Dr Greville Williams of the Institution of Chemical Engineers, who has seen the report, told BBC Radio 4's Today programme: "It is the story of a blow-out occurring during a completion exercise. They had drilled the well, they had got the end of the pipe sorted out.

"What's happened is that the flow valve at the bottom looks like it has been unseated during operations. When they started to displace the mud which is holding the reservoir back, the pressure started to move that mud and sea-water back up the column. That's the blow-out starting to happen."

Dr Williams said the report showed that key indicators that something was going wrong were misinterpreted or discounted, while undue weight was given to a positive pressure test at the base of the well.

"It seems to me from this that they were accepting that they didn't do enough pressure testing of the flow control valve and probably didn't allow for more than one barrier to prevent the reservoir from communicating," he said. "Normally, you would like to have at least two, but they were relying at this point on one barrier."

In a statement, Transocean told the BBC: "Any (safety-) related events that occur on a rig anywhere in the world, including the one on December 23 2009, are immediately reported to management, fully investigated and the valuable information gleaned from that investigation is used to improve existing safety systems across the fleet."

Copyright (c) Press Association Ltd. 2010, All Rights Reserved

Published: 07 December 2010

The RSPCA has challenged a ruling which overturned a will leaving it a £2 million estate.

University lecturer Christine Gill, from Northallerton, North Yorkshire, won a High Court battle last year to overturn the will which left her parents' 287-acre farm to the charity.

In a ruling given in Leeds, a judge found that Dr Gill's "domineering" father had coerced her mother into making the will.

But the findings of Judge James Allen QC have been appealed against by the RSPCA during proceedings before the Master of the Rolls, Lord Neuberger, sitting with Lord Justice Lloyd and Lord Justice Jackson in London.

Elspeth Talbot Rice QC, for the RSPCA, told the court that one of the issues for decision was whether the judge was "wrong to find that Mr Gill unduly influenced Mrs Gill into executing her will". Another question was whether the judge was "wrong to find that Mrs Gill knew and approved of her will".

Judge Allen said it would be "unconscionable" if Dr Gill did not inherit Potto Carr Farm, near Northallerton, where she voluntarily helped out during her spare time over a period of more than 30 years.

Mr Gill died in 1999, aged 82. It was only when her mother died in 2006, also aged 82, that Dr Gill saw the will, in which her parents had left the farm to each other and then to the RSPCA when both died.

The judge found that Dr Gill's mother had wanted her daughter to inherit the farm but Mr Gill - who he described as a "bully" - had exerted pressure over his wife to favour the RSPCA.

The appeal is being closely watched by other charities who say they are "very concerned at its possible implications for the charity sector".

The RSPCA said in a statement: "The Gills had already provided substantially for their daughter during their lifetime, which included a large contribution towards the purchase of the farmhouse in which she now lives. The RSPCA carefully considered the merits of its action before taking the decision to defend Dr Gill's claims and subsequently to appeal in order to honour Mrs Gill's wishes."

Copyright (c) Press Association Ltd. 2010, All Rights Reserved.

Published: 29 November 2010

The new head of the country's biggest trade union has launched an angry attack against the Government for "dismantling the very fabric of society" and pledged to lead a resistance to the massive spending cuts now costing thousands of jobs.

Len McCluskey, who was elected general secretary of Unite, said he also wanted to make his union more effective and united after years of having two leaders and suggestions that the organisation had been "divided".

He told the Press Association that Unite would play a central role in fighting the spending cuts, but he added that this was a "watershed moment" for the TUC.

"Union membership has fallen from 13 million to 6.5 million over the past 20 years and if the TUC does not demonstrate its importance to ordinary members, people will start to question its relevance.

"The TUC has to make certain that we co-ordinate the anger that is now building up against what the Government is doing. The very fabric of our society is being dismantled before our very eyes and we have a duty to lead a resistance against this attack. It is slaughter by stealth."

Published: 24 November 2010

Read more ...

Published: 20 October 2010

I recently did an article on the phenomenal rate at which the London property market is growing. It seems this latest trend of growth just continues to gain more and more momentum as the months pass by and London properties for sale are now on average more expensive than properties in Monte Carlo, making prime property the most expensive of its kind in the world!

The study carried out by a London estate agent has revealed that a London property that costs around the £5 million mark is currently being sold at a rate of about £4000 per square foot of property. This is significantly more than Monaco which is second on the list and selling property at an average of £2190 per square foot of property. To give you an idea of how expensive this is, picture a normal sized walk-in closet in central London. At a price tag of £4000 per square foot of property, you could by a 3 bedroom house in the North of England for the same price as a walk in closet in central London.

A house in Belgravia was recently sold for a phenomenal London property sale of £30 million. If that sounds like a lot, it's still nothing in comparison to a London property which is owned by steel tycoon, Lakshmi Mittal. The 12 bedroom property situated in Kensington Palace Gardens is rumoured to be worth more than £100 million.

The current rate at which the property market is growing is the fastest in 30 years. Estate Agent Clapham North has been part of the research which has revealed that people who live in prime areas such as Chelsea, Kensington, Knightsbridge and Hampstead are currently earning more than £4000 per day on their London properties.

The current growth in the London property market is expected to stabilize in the middle parts of the year and then regaining pace again towards the end of the year. This is all good and well for the London market, however there are still serious concerns about the rest of the country's property as there is not much growth showing in other parts of England. The average price for a property for sale in London is about £350,000 whereas the average price of property in the North East is less than half of that at £129,000. Let's hope the London property industry is able to carry the weight of the entire country!

Published: 02 October 2010

I heard a rumour that the global recession is slowly becoming less of an issue as the world economic climate seems to be recovering ever so slightly form a terrible year in 2009. The London property market was one of the worst hit areas in the UK and now I'm wondering whether or not the property market will be recovering with the rest of the world's financial situation. I did some research and found that the influencing factors sway from negative to positive in a seesaw kind of pattern, each positive balanced out by a negative. Take a look:

The UK as a whole is definitely recovering from a tough 2009. Most businesses around the country are starting to recover and their employees are starting to have a little bit more money to spend each month due to a general drop in retail prices. However the unemployment rate in the UK is still continuing to rise which means just because companies and their employees have a little more money, jobs are still scarce as companies are hesitant to start hiring too soon. Unemployment rate is one of the major factors that affect London property prices will have a slight negative effect on London property prices.

Published: 20 September 2010

Read more ...