Deepwater Horizon

5,000,000 barrels of oil spewed into the Gulf of Mexico over 86 days 7,000,000 litres of chemical dispersant pumped into the spill area to dissipate the resultant morass 11 men who lost their lives in the April 20th explosion 6,000,000 dollars expended by BP per day to try and contain the oil gusher 3,790,000,000 dollars … Continue reading →

How Will BP’s Macondo Lawsuits Change The Relationship Between Operators And Service Companies?

On the first anniversary of the blow out at the Macondo well – which led to the death of 11 workers and leaked 4.9 million barrels of oil into the Gulf of Mexico – BP launched no fewer than three lawsuits against its contractors. From Transocean, the company which owned the Deepwater Horizon rig, BP … Continue reading →