Friday, July 26, 2013

Halliburton Pleads

US multinational Halliburton has agreed to admit it destoryed evidence related to its part in the huge 2010 Gulf of Mexico oil spill, the US Department of Justice announced.

Halliburton will pay the maximum fine available, be on probation for three years and continue to cooperate with the government's criminal investigation, a news release by the department said on Thursday. It did not spell out the fine amount.

  alJazeera
But it must have not been as much as they figured they would lose if they didn’t cop to that plea.
The Houston-based multinational also made a separate, voluntary $55 million payment to the National Fish and Wildlife Foundation, US Justice Department said, adding that it was not a condition of the court agreement.
Including that.
According to the US Department of Justice news release, Halliburton recommended to BP that the Macondo well contain 21 centralisers - metal collars that can improve cementing. BP chose to use six.

The release also said that during an internal probe into the cementing after the blowout, Halliburton ordered workers to destroy computer simulations that showed little difference between using six and 21 centralisers.
Suppose anyone will do any jail time? Me neither.

UPDATE:
Halliburton Energy Services to pay a maximum $200,000 fine for destroying evidence related to the 2010 Deepwater Horizon oil spill, which the Gulf of Mexico is yet to recover from. The company will also donate $55 million towards wildlife protection.

  RT
$200,000? That’s it. To Halliburton, does that even compare to a penny fine for you or me?

...but hey, do what you want...you will anyway.

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