LexisNexis® Legal Newsroom
BP PLC and MOEX Offshore 2007 LLC Reach $1.06 Billion Settlement over Deepwater Horizon Explosion

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 had reached an agreement in which MOEX USA will...

Legal News Podcast - BP Agrees to $ 1 Billion Settlement With Lessee in Gulf Oil Spill Disaster - Plus More Gulf Oil Spill Resources

A Macondo well lessee agrees to a $1 billion settlement with BP over the Gulf of Mexico oil spill, and, a $212 million settlement is reached with two Madoff feeder funds. Hear these and other stories from LexisNexis® Mealey's Publications. Copyright© 2011 LexisNexis, a division of Reed Elsevier...