BP: Rig partner liable for own punitive damages

December 26, 2011 by  

Italy's ENI Chief Executive Paolo Scaroni speaks during an agreement-signing ceremony at the headquarters of the state-run oil company PDVSA in Caracas December 23, 2011. Italy's ENI and Spain's Repsol signed a deal with Venezuela's state oil company PDVSA on Friday to develop the Perla gas project, which boasts the biggest deposits found so far off the coast of the OPEC nation. REUTERS/Carlos Garcia Rawlins (VENEZUELA - Tags: POLITICS ENERGY BUSINESS)AP – BP wants to shield itself from having to compensate Halliburton for punitive damages, fines and penalties the cement contractor may face for its role in the deadly 2010 rig explosion and oil spill in the Gulf of Mexico.


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