Houston-based Cameron International Corp., which manufactured the blowout preventer used for the doomed deepwater Macondo oil well, on Friday agreed to pay operator BP plc $250 million to settle claims relating to the disaster.
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BP: New Well Cap to Be Installed Soon
Over the weekend BP plc began replacing the lower marine riser package (LMRP) containment cap over the Deepwater Horizon’s failed blowout preventer with a new sealing cap assembly. On Monday COO Doug Suttles said the company expected to install the new cap later in the day.
July 13, 2010
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