DEEPWATER HORIZON RIG

  • US bans BP from new contracts after spill deal November 29, 2012

    Washington: The US government banned BP Plc from new federal contracts on Wednesday over its "lack of business integrity" in the 2010 Deepwater Horizon oil spill, a move that could imperil the British energy giant's US footing. The suspension, announced by the US Environmental Protection Agency, comes on the heels...
  • BP agrees to pay $4.5 billion in penalties for US oil spill November 16, 2012

    Washington: BP Plc will pay $4.5 billion in penalties and plead guilty to felony misconduct in the Deepwater Horizon disaster, which caused the worst US offshore oil spill ever. The settlement includes a $1.256 billion criminal fine, the largest such levy in US history, the oil company said on Thursday. US...
  • US probe lays Gulf spill blame on BP, contractors September 15, 2011

    Washington: Poor management and critical mistakes by BP and its contractors led to the largest offshore oil spill in US history, according to the final report of the largest US government probe into last year's massive Gulf oil spill. Investigators from the US Coast Guard and Bureau of Ocean Energy Management...