BP Partners Face Pressure Over Gulf Spill Payments

Law360, New York (July 22, 2010, 4:22 PM EDT) -- Anadarko Petroleum Corp. and MOEX Offshore 2007 LLC, two minority investors in the BP PLC-operated Deepwater Horizon project, told a U.S. Senate panel Thursday that they would honor their legal liabilities for the spill, but that the oil giant should foot the bill for claims until a contract dispute is resolved.

Anadarko President and CEO James Hackett and MOEX President Naoki Ishii told the Senate Homeland Security Committee's subcommittee on federal financial management, government information, federal services and international security that public testimony, investigations and documents...
To view the full article, register now.