Deepwater Horizon: Halliburton Under the Microscope

The headline on CNN'S story reads BP still wants Halliburton to pay for whole Gulf oil spill cleanup. Many readers may ask themselves "still?" Does this mean BP may pass the liability for the Gulf oil spill onto Halliburton? Here is what the article has to say: BP and Halliburton sued each other in April 2011 claiming each is to blame for the deadly explosion on the Deepwater Horizon rig and resulting disastrous oil leak. Halliburton was in charge of cementing the Macondo well and claims that its contract with BP indemnifies (releases) Halliburton of any legal action resulting from its work as a contractor... Halliburton was in charge of cementing the Macondo well and claims that its contract with BP indemnifies (releases) Halliburton of any legal action resulting from its work as a contractor. In a response filed Sunday, BP asserted that "maritime law prohibits indemnification for gross negligence." As part of that four-page filing, BP reiterated that it was seeking to recover from...(Read Full Post)

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