Topic: Transocean

BP Oil Spill Rig Owner to Pay $1.4 Billion

Workboats operate near the Transocean Development Drilling Rig II at the site of the Deepwater Horizon incident in the Gulf of Mexico Friday, July 16, 2010.
AP Photo/Dave Martin

Transocean, the drilling company that owned and operated the Deepwater Horizion drilling platform, has reportedly reached a settlement over claims related to that rig's explosion and oil spill in April 2010.

By Adam Martin

Sep 14, 2011

BP Mostly, But Not Entirely, to Blame for Gulf Spill

Coast Guard report shares blame but says BP made critical decisions that led to disaster

Comments | 2,069 Views

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