FINANCIAL TIMES: Halliburton, the oilfield services company that supplied cement for the Macondo oil well that blew up in 2010 in the Gulf of Mexico, has agreed to become the third company to plead guilty to offences related to the incident.
The US Department of Justice announced late on Thursday that the company – which supplied cement used to line the well – would pay the $200,000 maximum permissible fine for destroying evidence during the investigation…
As well as paying the fine, Halliburton had agreed, if a court accepted its guilty plea, to remain under probation for three years and co-operate with the remainder of the investigation, the DoJ said. It had also agreed, regardless of whether the DoJ accepted its plea, to pay $55m to the National Fish and Wildlife Foundation… (more)
EDITOR: $200,000 is little more than a lunch check, so to speak, for Halliburton.
