bp to cover some of rig owner\s gulf spill liability
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

BP to cover some of rig owner's Gulf spill liability

Arab Today, arab today

Arab Today, arab today BP to cover some of rig owner's Gulf spill liability

Chicago - AFP

BP is required to cover some -- but not all -- of rig owner Transocean's liabilities in the massive 2010 oil spill in the Gulf of Mexico, a US judge ruled Thursday. The mixed ruling found that BP must indemnify its subcontractor for compensatory damages even if the claim is a result of Transocean's negligence. But BP does not need to cover any punitive damages or civil penalties that may be assessed, the 30-page ruling said.

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