Trial Over Gulf Oil Spill Resumes With Halliburton

NEW ORLEANS (AP) -- A Halliburton (NYSE: HAL  ) employee who worked on a failed cement job linked to a 2010 deadly oil rig explosion in the Gulf is testifying in a trial to determine what caused the blowout.

Jesse Gagliano began testifying Tuesday about his work for BP's (NYSE: BP  ) cement contractor on the Deepwater Horizon. Gagliano invoked his Fifth Amendment right against self-incrimination at his deposition in 2011, but he later agreed to testify at trial. He previously had been interviewed by a congressional committee and testified in 2010 before a government panel probing the disaster.

BP, which owned the well that blew, had argued that Gagliano's late change of heart would give Halliburton an unfair strategic advantage.

The trial has entered its sixth week. BP will begin presenting its defense once Halliburton rests its case.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2341498, ~/Articles/ArticleHandler.aspx, 12/22/2014 10:49:41 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement