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Anadarko Named in Oil Spill Lawsuit

Anadarko was recently named a defendant by the US Department of Justice in the lawsuit filed pertaining to the Deepwater Horizon Gulf oil spill.

Anadarko has a 25% stake in the failed Macondo well that led to the Gulf oil spill in April 2010. The suit also names BP which was the primary operator of the Macondo well, in addition to Mitsui & Co., Triton Asset Leasing, and Transocean, as well as BP’s insurer, QBE Underwriting Ltd.

The suit alleges that the companies violated safety procedures and failed to use the best available and safest drilling technology to monitor the well’s conditions leading up to the crisis.

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