BP seeks Gulf of Mexico spill costs from Halliburton - reports

03 January 2012 07:53  [Source: ICIS news]

SINGAPORE (ICIS)--BP has asked its contractor Halliburton to pay for all the costs and expenses it incurred from the 2010 Gulf of Mexico oil spill, media reports citing a US court filing by BP’s lead trial lawyer said on Tuesday.

The UK-based oil and giant has set aside $20bn (€15.4bn) for economic claims and natural resource restoration and spent $14bn in the Gulf Coast region in response to the oil spill as of 1 December last year, the company said on its website.

Halliburton was BP’s cement contractor for the Macondo well that suffered a blowout in the Gulf of Mexico on 20 April 2010.

"The amount of costs and expenses incurred by BP to clean up and remediate the oil spill, the lost profits from and/or diminution in value of the Macondo prospect, and all other costs and damages incurred by BP related to the Deepwater Horizon incident and resulting oil spill," Reuters quoted the court filing as saying.

The filing, made by BP's lawyer Don Haycraft in a US Federal court, did not specify a figure on the amount of damages BP is seeking from Halliburton, the Reuters report added.

BP and Halliburton are locked in a legal battle with a trial expected in 2012 to settle damages claims, according to the BBC.

($1 = €0.77)


By: Nurluqman Suratman



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