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BP to Receive $250 Million From Cameron International
Dec. 16, 2011 11:42AM PST
Oil and Gas InvestingNY Times reported that according to BP (NYSE:BP) Cameron International, one of the contractors involved in the Gulf of Mexico oil spill, has agreed to pay $250 million to settle claims.
NY Times reported that according to BP (NYSE:BP) Cameron International, one of the contractors involved in the Gulf of Mexico oil spill, has agreed to pay $250 million to settle claims.
As quoted in the market news:
Cameron, based in Houston, designed and manufactured the so-called blowout preventer on the drilling rig, which failed to stop the oil from spilling.
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