Transocean Bites $1.4 Billion Bullet; Not Enough, Says Bentley

Transocean, the owner and operator of the Deepwater Horizon oil rig that figured heavily in the 2010 BP Gulf of Mexico oil spill, has agreed to pay $1.4 billion to cover claims and criminal penalties for its role in the disaster. The Swiss firm also pled guilty to violation of the Clean Water Act and…

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