Posts Tagged ‘BP’
Bad cementing job blamed for deadly blow out of BP’s oil well in the Gulf
Tests that were performed before the deadly blow out of BP’s oil well in the Gulf of Mexico should have raised questions about the cement used to seal the well,but the company and its cementing contractor used it anyway, Investigators with the president’s oil spill commission said on Thursday that the cement was unstable. The…
Read MoreJapan‘s Marubeni Company will own BP’s oil field assets in the Gulf of Mexico
To pay off obligations due the people of the Gulf Coast since the oil spill, BP has sold four of their oil fields in the Gulf of Mexico to Japan. The deal is expected to raise $650m. The clean up of the oil and reimbursement payments to the fishing industry and businesses that lost money…
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