Oil Field Service Company Settles Claims Related To Oil Spill Litigation
NEW ORLEANS – Weatherford International Ltd. announced June 20 that it has reached a $75 million agreement with BP LLC to settle any claims between the companies relating to the Deepwater Horizon incident and oil spill (In re: Oil Spill By The Oil Rig “Deepwater Horizon” In the Gulf Of Mexico, On April 20, 2010, No. 10-2179, E.D. La.; See 6/13/2011, Page 5).
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