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Macondo Well Lessee Agrees To $1 Billion Settlement With BP Over Gulf Oil Spill
Posted on 20 May 2011 by Shane Dilworth

NEW ORLEANS - (Mealey's) BP PLC and MOEX Offshore 2007 LLC and affiliates Mitsui Oil Exploration Co. and MOEX USA Corp., which had a 10 percent interest in the Macondo Well where the Deepwater Horizon oil rig was drilling, announced May 20 that they... Read More

Oil Field Service Company Settles Claims Related To Gulf Oil Spill Litigation
Posted on 21 Jun 2011 by Christopher Bauer

NEW ORLEANS - (Mealey's) Weatherford International Ltd. announced June 20 that it has reached a $75 million agreement with BP LLC to settle any claims between the companies relating to the Deepwater Horizon incident and oil spill ( In re: Oil Spill... Read More

Second Phase Of 8 Oil Dispersants Toxicity Testing Data Released By EPA
Posted on 4 Aug 2010 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - The U.S. Environmental Protection Agency has released peer reviewed results from the second phase of its independent toxicity testing on mixtures of eight oil dispersants with Louisiana Sweet Crude Oil. EPA conducted the tests as part... Read More

Oil Spill Panel Hears About Halliburton Warning
Posted on 25 Aug 2010 by LexisNexis Litigation Resource Community Staff

HOUSTON - (AP) Federal investigators probing the blowout that led to the Gulf oil spill grilled a Halliburton official Tuesday about concerns the petroleum services firm raised over the potential for a severe gas flow problem if a BP plan was used. Halliburton... Read More

Oil Rig Alarm System Partly Disabled At Time Of Blast
Posted on 26 Jul 2010 by LexisNexis Litigation Resource Community Staff

KENNER, La. - (AP) An alarm system was partially shut down the day the ill-fated oil rig Deepwater Horizon exploded in the Gulf of Mexico, killing 11 workers and setting off the massive spill, an electronics technician who was aboard told an investigative... Read More

BP Report Blames Itself, Others For Oil Spill
Posted on 8 Sep 2010 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) In an internal report released Wednesday, BP blames itself, other companies' workers and a complex series of failures for the massive Gulf of Mexico oil spill and the drilling rig explosion that preceded it. The 193-page report... Read More

Transocean Ordered To Turn Over Safety Records
Posted on 17 Dec 2010 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) A federal judge has ordered Transocean Ltd. to turn over a batch of safety records to a government panel probing the deadly rig explosion that spawned the massive Gulf oil spill. The company that owned the ill-fated Deepwater Horizon... Read More

BP Gets $1 Billion Settlement From Gulf Well Partner
Posted on 23 May 2011 by LexisNexis Litigation Resource Community Staff

LONDON - (AP) BP has struck a deal to receive around $1 billion from one of its minority partners in the blown-out Gulf of Mexico well, raising hopes it will successfully pursue other companies involved and reduce its bill for the disaster. BP PLC said... Read More

Transocean: BP Decisions Led To Gulf Oil Spill Disaster
Posted on 23 Jun 2011 by LexisNexis Litigation Resource Community Staff

ATLANTA - (AP) The owner of the rig that exploded in the Gulf of Mexico last year largely blames oil giant BP for the disaster in an internal investigation report released Wednesday that bolsters the Swiss firm's arguments in the face of lawsuits... Read More

4.9M Barrels Spewed From Gulf Well
Posted on 4 Aug 2010 by LexisNexis Litigation Resource Community Staff

VENICE, La. - (UPI) BP's damaged Gulf of Mexico well gushed about 5 million barrels of oil after an April 20 explosion that killed 11 oil rig workers, scientists said Monday. The Macondo well sent 4.9 million barrels of oil -- 205.8 million gallons... Read More

Gulf Oil Spill Claims Process Coming Under Fire
Posted on 15 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) President Barack Obama vowed during a White House speech last June that the $20 billion he helped coax out of BP for an oil spill compensation fund would take care of victims "as quickly, as fairly and as transparently as possible... Read More