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BP Files Suit Against Transocean


BP, plc filed suit against Transocean, Ltd. for damages relating to the Macondo oil spill, citing the driller’s “misconduct” as a cause for the disaster. In addition, BP has filed suit against Cameron International Corp., the blow-out preventer manufacturer, and Halliburton Co., the cement contractor on the well. Meanwhile, a report issued by the U.S. Coast Guard cited safety failures on the part of Transocean as a cause of the Deepwater Horizon incident.

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