Gulf rig owner to pay in disaster
Transocean’s U.S. hit is $1.4 billion
Posted: January 4, 2013 at 1:42 a.m.
Transocean Ltd. will pay more than $1.4 billion, including a $400 million criminal penalty, to settle federal claims arising from the deadly explosion of one of its rigs and a resulting Gulf of Mexico oil spill, according to a court filing.
This story is only available from our archives.
Business, Pages 23 on 01/04/2013
(Advertisement)
« Previous Story
Automakers close ’12 in high gear
A steadily improving economy and strong December sales lifted the American auto industry to its best performan... Read »
Next Story »
December retail sales rise 4.5%
Many major U.S. retailers were able to recover from a slow start to December shopping, according to monthly sa... Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.