Wednesday, April 20, 2011

BP Sues Cameron International Over Deepwater Horizon Blow-Out Preventer

HOUSTON (Dow Jones)--BP PLC (BP, BP.LN) sued Cameron International Corp. (CAM) over the design and maintenance of the blow-out preventer that failed to contain the gusher of oil and gas that caused last year's Gulf of Mexico oil spill.

In a lawsuit filed Wednesday with a U.S. court in Louisiana, BP accused Cameron, a Houston-based maker of blow-out preventers and subsea equipment, of poorly designing and maintaining the Deepwater Horizon's blow-out preventer.

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