Deepwater Horizon Halliburton. BP issued a statement strongly disagreeing with the finding, and saying the court's decision would be appealed. On 8 December 2014, The US Supreme Court rejected BP's legal challenge to a compensation deal over the 2010 Gulf of Mexico oil spill. The settlement agreement had no cap, but BP initially estimated that it would pay roughly $7.8bn (£6.1bn) to compensate victims. Deepwater Horizon Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig owned by Transocean. Built in 2001 in South Korea by Hyundai Heavy Industries, the rig was commissioned by R&B Falcon (a later asset of Transocean),
Guimaras oil spill she declared a "national calamity". On August 17, British oil experts, sent by SMDC's foreign insurer, arrived in Guimaras to assess the situation. SMDC stated that the experts will check the extent of the oil pollution. The Britons conducted an aerial survey over Guimaras Island and made recommendations based on their findings. A four-man team from the U.S. Coast Guard arrived on August 23 to assist in determining the exact location of the tanker. Guimaras oil spill The Guimaras oil spill occurred in the Panay Gulf on August 11, 2006 when the oil tanker M/T "Solar 1" sank off the