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Transocean To Pay $1.4 Billion In Gulf Oil Spill Settlement
2013-01-03 20:44:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: Transocean, the owner of the Deepwater Horizon rig where 11 men died in April 2010, has agreed to pay $1.4 billion in criminal and civil penalties to resolve Justice Department allegations over its role in the Gulf of Mexico oil spill. A Transocean subsidiary also agreed to plead guilty to a single criminal misdemeanor charge for violating the Clean Water Act. Federal authorities blamed the company for acting negligently when the rig's crew proceeded with maneuvers to the deep-sea well in the face...
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