Court orders USD 1.9 billion in compensation for oil catastrophe

The Spanish state will be compensated USD 1.9 billion for the worst oil catastrophe ever in Europe, caused when tanker vessel Prestige sank in 2002. London P&I Club will pay the figure, said the court.

Log in to read our articles

Welcome to EnergyWatch. A part of our content is exclusive and reserved for our users.

Try us free for 14 days

Try a trial subscription for free access to our quality journalism

Frontpage right now

Statoil awards oil contracts worth billions

Oil company Statoil has awarded three contracts to three different suppliers valued at a total NOK 8 billion. One of the agreements goes to Aker Solutions, which recently landed a large contract with Maersk Drilling.

Latest Oil & Gas

Related articles

Latest News


See all

See all