Breakingviews on Twitter
Search League Tables

Tuesday, 24 May 2016

Will Halliburton shoulder 15 pct of BP's mess?

Hounding Halliburton

The contractor's loss of $3 bln of market value, on charges it did a shoddy job in cementing the BP rig that cracked, suggests investors expect the contractor to pay a big slice of BP's $20 bln cleanup fund. That's possible but don't count on it.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)