- OIL & GAS
Items Tagged with 'transocean'
A federal court yesterday upheld the legal authority of the Chemical Safety Board (CSB) to investigate the April 2010 Macondo blowout and explosion in the Gulf of Mexico. U.S. Federal District Court Judge Lee Rosenthal issued an Order that denied a motion by Transocean Deepwater Drilling, Inc. to block the CSB’s access to information pertinent to the CSB’s investigation.
Transocean Deepwater Inc. has pleaded guilty today to a violation of the Clean Water Act (CWA) for its illegal conduct leading to the 2010 Deepwater Horizon disaster. The company was sentenced to pay $400 million in criminal fines and penalties.
The company whose rig crew ignored “clear warning signs” at the Macondo well site has agreed to plead guilty to violating the Clean Water Act (CWA) and to pay a total of $1.4 billion in civil and criminal fines and penalties.