Offshore oil drilling rig. (PHOTO: ThinkstockPhotos) Hess Can't Recover More Than $300M in Damages From Schlumberger in Case With Far-Reaching Consequences for Oil & Gas Industry
A closely watched oil and gas case, Hess v. Schlumberger, ended in a loss for the plaintiff when U.S. District Judge Sim Lake ruled that Hess is not…
November 17, 2020 at 11:49 AM
5 minute read
A closely watched oil and gas case, Hess v. Schlumberger, ended in a loss for the plaintiff when U.S. District Judge Sim Lake ruled that Hess is not entitled to any damages—which could have exceeded $300 million—from Schlumberger after filing a lawsuit over safety valves used in deepwater oil wells in the Gulf of Mexico.
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