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Minority Partner on Gulf Oil Rig Accuses BP of Recklessness

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(June 19) -- Anadarko Petroleum, a minority partner in the oil well fouling the Gulf of Mexico, attacked BP's behavior as "reckless" and said the multinational may be guilty of "gross negligence."

"The mounting evidence clearly demonstrates that this tragedy was preventable and the direct result of BP's reckless decisions and actions," Anadarko chief executive Jim Hackett said in a statement on the company's website. "Frankly, we are shocked."

Anadarko owns 25 percent of the oil well that has been spewing out thousands of barrels of crude oil into the Gulf for the last two months and has fouled shorelines in Louisiana, Florida and Alabama.

Anadarko's contract with the oil giant states that Anadarko is responsible for paying its share of any damages caused by the oil well, unless it is found that BP showed gross negligence, the statement said.


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"BP's behavior and actions likely represent gross negligence or willful misconduct and thus affect the obligations of the parties under the operating agreement," Hackett said.

Well operators are responsible for day-to-day operations and "appropriate decisions" on the well, Anadarko said. In other words, a minority holder like Anadarko is not involved in the well's operation.

Congressional investigations have focused on BP's planning and safety procedures related to the well. Many of the oil giant's decisions saved the company money, but may also have contributed to the explosion on April 20, which killed 11 people and left an oil pipeline ruptured.

Oil giants including Exxon-Mobil, Chevron and Shell all criticized BP's methods in drilling the well, though investigating lawmakers noted they all had "cookie cutter" plans on how to respond to oil spills.

In testimony to a congressional panel, BP's CEO Tony Hayward denied any knowledge of how the well had been drilled and refused to comment on possible causes of the disaster.

In a statement Friday, BP hit back at Anadarko. The company disputed Anadarko's allegations and re-affirmed its commitment to the Gulf.

"Other parties besides BP may be responsible for costs and liabilities arising from the oil spill," Hayward said in the statement. "We expect those parties to live up to their obligations.

Earlier this week, BP agreed to a White House proposal to set up a $20 billion escrow fund to pay for damages from the oil spill. BP has repeatedly said that it will meet "all legitimate claims."

Estimates vary about how much oil has leaked into the Gulf of Mexico, and how long the oil spill will continue. Philip Johnson, a professor of petroleum engineering at the University of Alabama, told the Guardian that the spill could last "two years and certainly longer than that."

Yesterday, BP Chairman Carl-Henric Svanberg insisted that the company would survive the disaster, despite liabilities, a tumbling stock price and credit-rating downgrades.

"I still strongly believe in BP and that we will come through this," Svanberg told Sky News.
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44 Comments

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kev

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June 20 2010 at 11:24 AM Report abuse +1 rate up rate down Reply
nthgelsemattrs

decades ago, the technology existed for electric cars. since then, they could have been perfected so that they operated as well as any gas powered vehicles. unfortunately, this didn't happen..why?...because there's too much money to be lost if we lost our dependancy on oil. rememeber that when your listening to news on your radio about the next big oil spill while driving your car.

June 20 2010 at 6:09 AM Report abuse rate up rate down Reply
shoobdoowah

It's absolutely phenomenal, the semiconcious emotional, irrational reactions many folks - including some members of Congress (trying to look good for their constituents) are projecting on BP.

June 19 2010 at 11:01 PM Report abuse rate up rate down Reply
oddeith

The Federal Government is the problem.

June 19 2010 at 8:54 PM Report abuse +1 rate up rate down Reply
gitane91

Some said they dont care if BP goes out of business. We should care because if they are gone you and I will pay for the clean up and no one will pay those poor people down on the Gulf that are loosing everything. As bad as BP has handled this At least Bp is willing to pay, another company may have pointed the blame in 5 other directions and through their hands up and said sue me. Its easy to all be Monday quarterbacks. Many to blame here. There certainly should have been equiptment at the ready for some major problem like this. Booms, valves, top hats, etc. etc so they can put into action instantly. Just because the top hat didnt work on this accident doesnt mean it wouldnt work on a shallower well. Just need to be more prepared.I have been to the pretine beaches East of Pensacola I I am heartbroken that the entire Gulf may be gone for many years to say nothing about the people who have lost their lives on the rig.Need to get help to the people on the gulf and write and call our leaders untill they are sick of hearing from us and get this taken care of...

June 19 2010 at 5:27 PM Report abuse +1 rate up rate down Reply
1 reply to gitane91's comment
conservgirl8

Don't you think if our government had any ideas they would have implemented them. Why not ask why, no one in the entire United States knows anything about deep water oil drilling and the engineering thereof.

June 19 2010 at 7:57 PM Report abuse +1 rate up rate down Reply
porcaroaf

Thank you for adopting your "civilogue" policy. It is refreshing for me to discover that there is a site that vaues civil discourse rather than name calling.

June 19 2010 at 5:08 PM Report abuse -3 rate up rate down Reply
conservgirl8

I thought the State of Louisiana might have more concern for this. Evidently not, as I haven't heard Governor Jindal accusing BP of purposely doing nothing to save their well. Why isn't Louisiana screaming at someone, anyone if this is true?

If it is found to be true that the State of Louisiana and the United States Government did nothing so they could benefit from a crisis, or if BP didn't do anything because they wanted to save the well for monetary gain, everyone involved is guilty and will be held accountable.

Some of these comments just make no sense to me at all.

June 19 2010 at 4:54 PM Report abuse rate up rate down Reply
red3654

why not bring a few of bps super tankers over and suck up oil ,water seperate it fill the tankers.Might cost alittle money????

June 19 2010 at 4:51 PM Report abuse +1 rate up rate down Reply
Dawn

As far as I can tell Pres.Obama didn't punch holes in the pipeline or cause the deaths of the 11 folks,destroyed an entire industry,create undue stress and hardship on families that already suffered the loss of loved ones and family homes.Pray for these people and send what love you can too .When I read that CEO Hayward was so broken up over the poor folks whose lives are in limbo He just had to go to a yacht race.Talk about moral bankruptcy,greed and corruption.This is no way to run a business.He should get a new job...45yrs.of hard labor in a federal prison

June 19 2010 at 4:39 PM Report abuse +2 rate up rate down Reply
sjt2loco

Typical. They didn't say a word about the half measures contributing to this disaster. They knew about it. IN FOR A PENNY IN FOR A POUND.

June 19 2010 at 4:35 PM Report abuse +1 rate up rate down Reply

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