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),
Gulf War oil spill Gulf War oil spill The Gulf War oil spill was one of the largest oil spills in history, resulting from the Gulf War in 1991. The apparent strategic goal was to foil a potential landing by US Marines. It also made commandeering oil reserves dangerous for US forces as visibility and movement were inhibited. The immediate reports from Baghdad said that American air strikes had caused a discharge of oil from two tankers. Coalition forces determined the main source of oil to be the Sea Island terminal in Kuwait. On January 26, three US F-117 fighter-bombers destroyed pipelines to prevent