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),
Harte Research Institute for Gulf of Mexico Studies spill that released more than 4.9 million barrels of oil into the Gulf of Mexico between April 20, and July 15, 2010, created a unique opportunity to address many of the long-term issues fundamental to the Gulf’s future sustainability. HRI scientists have and continue to provide leadership in assessing the long-term impacts of the largest accidental marine oil spill in the history of the petroleum industry and are fostering the Gulf’s recovery by helping guide restoration to assure that conservation efforts are effective and long lasting. HRI has already influenced the allocation of billions of dollars toward Gulf restoration and