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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (634)12/14/2011 3:04:10 PM
From: Bocor  Read Replies (1) | Respond to of 2508
 
This was for a very small spill.

Be mindful this is what the prosecutors are "asking" for. Sort of like a prosecutor asking for life, knowing they will only get 15 years. Makes them look tough.



To: Spekulatius who wrote (634)12/19/2011 11:21:36 AM
From: DewDiligence_on_SI  Read Replies (1) | Respond to of 2508
 
I presume this is political posturing. If, on the other hand, the threatened $11B lawsuit is real, Brazil will have ensured that no foreign oil companies will want to get involved in future projects.



To: Spekulatius who wrote (634)12/21/2011 12:12:12 AM
From: elmatador  Respond to of 2508
 
Seadrill Next To Join Brazil Oil Bandwagon. The company announced on its website on Dec. 14 that it was contemplating expanding its product range “with an ambition to offer a wider range of oilfield services in Brazil.”

forbes.com



To: Spekulatius who wrote (634)12/29/2011 5:46:10 AM
From: elmatador  Read Replies (1) | Respond to of 2508
 
US borrows Brazil's balls: Criminal Charges Are Prepared in BP Spill

BY TOM FOWLER U.S. prosecutors are preparing what would be the first criminal charges against BP PLC employees stemming from the 2010 Deepwater Horizon accident, which killed 11 workers and caused the worst offshore oil spill in U.S. history, said people familiar with the matter.

Prosecutors are focused on several Houston-based engineers and at least one of their supervisors at the British oil company, though the breadth of the investigation isn't known. The prosecutors assert the employees may have provided false information to regulators about the risks associated with the Gulf of Mexico well while its drilling was in progress, these people said.