Tag: bp

Conn Hallinan’s 2016 ‘Are You Serious?’ Awards

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This year’s lowlights from world politics, the culture wars, and the military-industrial complex.

Each year Conn Hallinan gives awards to individuals, companies, and governments that make reading the news a daily adventure. Here are the awards for 2016.

The Golden Lemon Award had a number of strong contenders in 2016, including:

General Atomics for its MQ-9 Reaper armed drone, which has a faulty starter-generator that routinely shorts out the aircraft. So far, no one can figure out why. Some 20 were either destroyed or sustained major damage last year. The Reapers costs $64 million apiece.
Panavia Aircraft Company’s $25 billion Tornado fighter-bomber that can’t fly at night because the cockpit lights blind the pilot. A runner up here is the German arms company Heckler & Koch, whose G-36 assault rifle can’t shoot straight when the weather is hot.
The British company BAE’s $1.26 billion Type 45 destroyer that breaks down “whenever we try to do too much with them,” a Royal Navy officer told the Financial Times. Engaging in combat, he said, would be “catastrophic.”

BP in Talks with Iran to Develop 4 Oilfields

Director of National Iranian South Oil Company Bijan Alipour said negotiations are underway with the British Petroleum (BP) on development of four oilfields in south of Iran.

The National Iranian South Oil Company has held talks with 22 domestic and foreign companies for contracts to develop Karanj, Parsi, Rag Sefid and Shadegan Oilfields, Alipour said Monday, speaking on the sidelines of an exhibition of oil industry equipment in Ahvaz, capital of southwestern province of Khuzestan.

Among them are Russian and Chinese firms as well as BP, he said, predicting that the negotiations will lead to signing of memorandums of understanding in a few months.