Subscribe to RSS feedBP spending on Deepwater Horizon spill tops US$450m as oil slick spreads
by
Martyn Wingrove, London
—
last modified
May 26, 2010 10:18 AM
BRITISH oil major BP has already spent more than US$450m on dealing with the huge oil spill that continues to spread from the wreck of the Deepwater Horizon semi-submersible rig.
The destroyed rig’s owner, Transocean, has received US$400m of the US$560m insured value of the Deepwater Horizon, which sank to the seafloor after an explosion on April 20 killed 11 offshore workers.
Up to 530 ships have been involved in...
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