BP Deepwater Horizon trial delayed a week
THE MULTI-BILLION dollar legal case into the Deepwater Horizon rig disaster has been postponed at the eleventh hour to give BP and lawyers for more than 120,000 plaintiffs more time to reach a settlement.
BP was due to go on trial today in New Orleans over its part in the 2010 Gulf of Mexico oil spill, which killed 11 workers in the explosion.
The news came after chief executive Bob Dudley said the oil giant was prepared for the trial to last until 2014.
“Hopefully we will reach some agreements and we will be able to reduce the uncertainty and move forward. But the appeals process has various different branches it could go down in terms of time so it could be a lot longer than that [2014]”, he told the Sunday Telegraph.