The Largest Oil & Energy Job Board

Court affirms BP responsibility for oil spill penalties

BP and Anadarko Petroleum Corp. are responsible for federal fines stemming from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, an appeals court affirmed.

The Wednesday decision was on an appeal of a June ruling that the disaster was caused by the Macondo well, which was owned by BP with Anadarko as a minority owner.

The oil companies wanted Transocean, owner of the drilling rig and blowout preventer, to be responsible for the Clean Water Act violations, which could lead to $18 billion in fines, the New Orleans Times-Picayune reported. Wednesday’s ruling was from the same three-judge panel of the Fifth Circuit Court of Appeals that decided the initial case. BP and Anadarko have asked the entire makeup of the court to review the decision.

Transocean has already pleaded guilty in the case and agreed to pay $1 billion for Clean Water Act violations.

NA
Copyright © 2016, OilFinity. All Rights Reserved. Powered by Talenetic Job Board Software