BP files official lawsuit against Halliburton

BP files official lawsuit against Halliburton
Tuesday, January 3, 2012 - 10:22am

BP is suing one of its contractors to help recoup some of the money it lost in the gulf oil spill. According to court papers filed in New Orleans, BP is formally suing Halliburton to help pay for costs associated with cleaning up the oil spill as well as lost profits.

The explosion on the Deepwater Horizon rig in April 2010, which killed 11 workers and spewed more than 4 million barrels of oil into the gulf, has sparked a slew of lawsuits and federal citations against the companies involved. BP has set aside a 20 billion dollar fund to cover clean up costs and payments to gulf residents who were impacted by the spill.


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