Related Links: Remarks by Deputy Attorney General James Cole at Press Briefing on Settlement Anadarko Statement on Settlement Anadarko Petroleum Group and some of its subsidiaries will pay $4.4 billion for environmental cleanup at several contaminated sites around the U.S. under a settlement reached with the U.S. Dept. of Justice.Announced on April 3, the total $5.15- billion settlement is the largest environmental enforcement recovery in the Justice Dept.'s history, the agency said. It will settle outstanding claims against the company and pay for the cleanup.A bankruptcy court in December found that the Kerr-McGee Corp., a subsidiary of Anadarko, moved its
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.