Published on Jul 26, 2013
Who's
to blame for the disaster caused by the 2010 Deepwater Horizon rig
explosion? The battle over liability continues to play out in court.
Bloomberg Businessweek's Paul Barrett sits down with Hari Sreenivasan to
discuss contractor Halliburton's guilty plea for destroying evidence.
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Gulf oil spill: Halliburton to plead guilty to destroying evidence
Contractor to plead guilty over deleted computer simulations testing methods used to cement Deepwater Horizon well
The government said Halliburton's guilty plea was the third by a company over the spill and would require the world's second-largest oilfield services company to pay a maximum US$200,000 statutory fine.
Halliburton also agreed to three years' probation and to continue co-operating with the criminal probe into the 20 April 2010 explosion of the Deepwater Horizon drilling rig.
Court approval of the deal is required. Houston-based Halliburton also made a separate, voluntary $55m payment to the National Fish and Wildlife Foundation, the justice department said.
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