US has filed lawsuit against BP.

[Pondlife]

Lubey Linky

The companies named in the lawsuit are BP Exploration and Production Inc, Anadarko Exploration & Production LP, Anadarko Petroleum Corporation, MOEX Offshore 2007 LLC, Triton Asset Leasing GMBH, Transocean Holdings LLC, Transocean Offshore Deepwater Drilling Inc, Transocean Deepwater Inc and insurer QBE Underwriting Ltd/Lloyd's Syndicate 1036.

The key accusations are:

* Failing to take necessary precautions to keep the Macondo well under control in the period leading up to the 20 April explosion
* Failing to use the best available and safest drilling technology to monitor the well's conditions
* Failing to maintain continuous surveillance
* Failing to use and maintain equipment and material that were available and necessary to ensure the safety and protection of personnel, equipment, natural resources and the environment

"We intend to prove that these defendants are responsible for government removal costs, economic losses and environmental damages without limitation,"

Sooo, no Haliburton on the list I see.

After Enron we got SOx. What will be the outcome of this one?

[MarillionFan]

Hardly dinted the share price(already factored in).

Glad I own BP shares though.

[Mich the Tester]

After Enron we got SOx. What will be the outcome of this one?

Loads of contracts for building and testing shiny new paper tigers. Fill yer pockets!

[Sysman]

They have conveniently forgotten that BP were leasing the rig, staff and all, from a US company.

[Pondlife]

Hardly dinted the share price(already factored in).

Glad I own BP shares though.

True. They put aside sommat like $20b IIRC.

[Pondlife]

They have conveniently forgotten that BP were leasing the rig, staff and all, from a US company.

Transocean are included in the suit. Haliburton is however, not.