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Offshore, a unit of Japanese trading house Mitsui & Co. that had a 10 percent interest in the Macondo well, had filed a lawsuit in New Orleans on the April 20 anniversary of the Gulf spill, asking a federal judge to declare it was not responsible for
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Offshore 2007 LLC, its minority partner in the blown-out Deepwater Horizon well, has agreed to pay the British company $1.065 billion to settle all claims between the companies over the accident in the Gulf of Mexico. BP said Friday that it will
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