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Sunday, February 26, 2012

BP Ignored Well Test Warning Before Blast, Transocean Says on Eve of Trial | Bloomberg

BP Plc (BP) officials overseeing the Macondo well that spewed millions of gallons of oil into the Gulf of Mexico ignored questions about whether safety tests done hours before a fatal blast on the drilling rig were flawed, lawyers for Transocean Ltd. (RIG) said in a court filing. The filing came three days before BP, Transocean, the U.S. government and plaintiffs suing over the oil spill are scheduled to begin a trial in New Orleans to apportion blame for the disaster and determine exposure to punitive damages.

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