BP said Friday that Moex Offshore, one of its partners in the oil well that leaked into the Gulf of Mexico last year, had agreed to pay $1.1 billion as part of a settlement for any claims related to the oil spill.
Moex, which had a 10 percent stake in the well, is the first company aside from BP to make a payment to cover the costs of the disastrous oil spill, BP said in a statement.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/bp-partner-agrees-11-billion-settlement-related-gulf-spill
[2] http://admin.indiaenvironmentportal.org.in/category/author/julia-werdigier
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/new-york-times-new-york
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/british-petroleum-bp
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/water-pollution
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gulf-mexico
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hazardous-waste
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/chemical-leakages