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Oil and gas firm fined $4.3 million for 2012 gas leak

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Oil and gas firm ConocoPhillips (U.K.) Ltd. has been fined £3 million ($4.3 million) for a 2012 gas leak incident on a platform off the Lincolnshire coast, The Maritime Executive reported.

ConocoPhillips admitted serious safety failings after three gas leaks on the Lincolnshire Offshore Gas Gathering System between Nov. 30, 2012 and Dec.1, 2012.

ConocoPhillips has been also ordered to pay costs of £159,459.

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