BP spill deal possible this week after Mitsui, analyst says. BP settles with injured Deepwater Horizon worker. U.S., Mexico, reach accord on drilling below maritime border. UGA scientists to study effects of Gulf oil spill. Cleanup prep continues at Alaska well blowout site.
You are in the current Gulf Watchers BP Catastrophe - AUV #580. AUV #579 is here.
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The partners with BP in the Deepwater Horizon enterprise are getting their legal ducks in a row this week, in preparation for "The Trials" scheduled to begin this coming Monday in New Orleans.
As the operator of the well, BP/PLC may reach a settlement for the disaster after Mitsui and Co. agreed on fines. Mitsui & Co. as MOEX Offshore will pay $90 million to the U.S. and five states to settle pollution violations. BP will probably have to accept different terms as operator, but the initial settlement has BP paying $585 million for violations, which is less than 20 percent of what the company has provisioned, said Fadel Gheit, an analyst at Oppenheimer in New York. BP had a 65 percent interest in the Macondo well, MOEX had 10 percent and Anadarko Petroleum Corp. (APC) had a 25 percent stake. The settlement suggests that Anadarko will be liable for about $225 million in Clean Water Act fines if the terms are the same, Gheit said.
“This is only the civil part and does not include possible criminal charges and penalties,” Gheit said in an e-mailed response to questions. “The trials will begin later this month and all parties are eager to settle before then. So there could be very important decisions this week.”
U.S. District Judge Carl Barbier in New Orleans, who’s overseeing much of the spill litigation, has scheduled a non- jury trial to determine liability and apportion fault for the disaster.But a total settlement is seen as very unlikely...
BP believes it is highly unlikely to settle the tangle of litigation related to the Deepwater Horizon explosion before a trial scheduled to start Feb. 27, according to analysts who met with CEO Bob Dudley and other BP executives earlier this week.
Oleander Benton's lawsuit was among at least 40 actions filed by survivors or relatives of the 126-member crew that was aboard the rig when it exploded.
Benton, who was employed as a seaman, had sought $5.5 million in damages for the injuries she suffered as a result of the explosion, according to her statement of claim. Benton blamed the defendants’ negligence and unseaworthiness of the rig for the injuries.
Aahhh, don'tcha just love it? Many more accidents waiting to happen...
The U.S. and Mexico reached an agreement yesterday to engage in oil and gas development in waters along the maritime borders in the Gulf of Mexico.
The agreement, signed at a G-20 meeting in Mexico will start a process by which U.S. companies and Mexico’s state-owned Pemex would jointly develop waters that straddle the border. It would also provide for joint application reviews and safety inspections in cases of transboundary drilling, in areas where oil spills could affect both nations.
U.S. and Mexican officials said the agreement would give companies easier access to waters — including 1.5 million acres on the U.S. outer continental shelf — considered attractive for-oil and-gas development but long unexplored because of legal uncertainties over who has rights to the resources.
“This enables us to responsibly expand our domestic energy development,” US Interior Secretary Kenneth Salazar said. “U.S. companies can now move forward with legal certainty which has been missing in this area.”
This is good news...
Three University of Georgia scientists have received a three-year grant to study the effects of the 2010 Deepwater Horizon oil spill on the Gulf of Mexico ecosystem.
Oh, well...accidents happen, don't they?
Crews in Alaska’s North Slope have removed some drilling fluid and contaminated snow from areas near a rig involved in a petroleum well blowout.And...ooops...
A fire at BP’s Cherry Point oil refinery in Washington state that forced some process units shut and prompted a partial evacuation of the plant has been extinguished, according to a company spokesman.
Okay...this is probably a diary in and of itself. Click on the link to read the whole thing...
On the wall of Paul Anastas' office at the EPA headquarters in the Ronald Reagan Building was a framed certificate from President Richard Nixon -- "an Award of Excellence for outstanding achievement in environmental protection services." What drew Nixon's favor was an essay that Anastas wrote on the occasion of Nixon's 1971 executive order creating the Environmental Protection Agency. Anastas was 9, a grade-school student in Quincy, Mass., who waxed indignant at the destruction of his hometown's wetlands.Okay. That's what is so often confusing...Even with a program, sometimes I can't tell who is friend or foe, or who just flip-flopped.
Mr. Anastas, I do not know which you are... and if I should be glad you are gone, or should I be wishing for you to stay.
My brain hurts...
PLEASE visit Pam LaPier's diary to find out how you can help the Gulf now and in the future. We don't have to be idle! And thanks to Crashing Vor and Pam LaPier for working on this!Previous Gulf Watcher diaries:
|2-17-12 06:30 PM||GW Friday Block Party: Sports Edition||Phil S 33|
|2-14-12 05:51 PM||Gulf Watchers Tuesday - Subpoena Battles and Hiding Key Witnesses - BP Catastrophe AUV #579||Lorinda Pike|
|2-06-12 03:00 PM||Gulf Watchers Monday - Experts speculate BP case will settle before trial - BP Catastrophe AUV #578||peraspera|
Previous motherships and ROV's from this extensive live blog effort may be found here.
Again, to keep bandwidth down, please do not post images or videos.