Anadarko argues against $1B penalty in 2010 Gulf offshore oil spill

KEVIN McGILL, Associated Press

Anadarko lawyers argue for a lower fine, noting the company was not involved in operations on the Deepwater Horizon rig.

NEW ORLEANS (AP) — An energy company that invested in the ill-fated Macondo well in the Gulf of Mexico is arguing in court that it should not face steep federal penalties for the 2010 BP oil spill.

The government has suggested a penalty of more $1 billion for Anadarko Petroleum Corp.

Anadarko lawyers argue for a lower fine, noting the company was not involved in operations on the Deepwater Horizon rig, where an explosion killed 11 workers and sent oil spewing into the Gulf for 87 days.

The penalty trial resumed Monday after two weeks of conflicting testimony by witnesses for the U.S. Justice Department and BP. Government lawyers want a penalty against BP at or near an estimated $13.7 billion maximum. BP is arguing for a much lower penalty.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs