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),
Mega Borg Oil Spill Mega Borg Oil Spill The "Mega Borg" Oil Spill occurred in the Gulf of Mexico on June 8, 1990, roughly 50 miles off the coast of Texas, when the oil tanker "Mega Borg" caught on fire and exploded. The cleanup was one of the first practical uses of bioremediation. At 11:30 PM on the evening of Saturday June 8, 1990, an explosion in the cargo room of the Norwegian oil tanker the "Mega Borg" “ruptured the bulkhead between the pump room and the engine room”, causing the ship to catch fire and begin to leak oil. The 853-foot-long, 15-year-old vessel