Halliburton will pay $1.1 billion to settle Deepwater Horizon oil disaster lawsuits

See the original posting on The Verge

Halliburton has agreed to pay $1.1 billion to settle much of its part in 2010’s Gulf of Mexico oil rig disaster. The incident killed 11 people, and resulted in the largest oil spill in this history of the US after offshore drilling rig Deepwater Horizon exploded. Halliburton was responsible for cement mixture used to seal the oil well, which ended up being faulty.

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