Insight and Intelligence on the London & International Insurance Markets

4 February 2012

Deepwater litigation has only just begun

26 July 2010

"There isn't enough money in the world to clean up the Gulf of Mexico," said influential oil and gas analyst Matthew Simmons in June - a comment that now looks to have more foresight and less hyperbole than originally intended.

Industry experts agree that the six companies - including BP and drilling contractor Transocean (see table, click to enlarge) - that have been named so far in the various litigation surrounding the Deepwater Horizon disaster are only the first wave...


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