State, BP continue with arbitrationProceeding concerns huge royalty claim linked to Prudhoe pipeline leaks of 2006; decision expected to take at least two more months Wesley Loy For Petroleum News
A decision in the high-stakes arbitration proceeding between the state and BP appears to be still months away.
The arbitration centers on the state’s claim for damages stemming from the 2006 pipeline leaks in the Prudhoe Bay oil field on Alaska’s North Slope.
State lawyers are seeking potentially hu....
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Hearing has concluded Stakes involved
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