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Transocean LTD.a : Transocean Ltd. Reports Fourth Quarter and Full Year 2012 Results

2013-03-02 23:19:44| Oil & Gas - Topix.net

Operating and maintenance expenses for the fourth quarter were $1.438 billion, compared with $1.321 billion in the third quarter 2012; Fourth quarter 2012 net income attributable to controlling interest was $456 million, which included $126 million of net favorable items.

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US prosecutors accuse BP, Transocean over Gulf spill

2013-02-26 01:00:00| Offshore Technology

BP and Transocean officials' negligence in conducting an oil-rig safety test was one of the main causes of an explosion which killed 11 people at the 2010 Deepwater Horizon expolsion, a US attorney said yeserday on the first day of a gross negligence

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Transocean sets world water-depth drilling record in 10,385 feet of water off India

2013-02-22 11:30:17| Green Car Congress

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Chevron, Transocean say Brazil drops criminal oil spill charges

2013-02-21 01:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A Brazilian judge dropped criminal charges against Chevron Corp, Transocean Ltd and 17 of their employees related to a November 2011 offshore oil spill, the companies said on Wednesday. The criminal case, and a civil suit seeking as much as 40 billion reais ($20.4 billion) in damages, have cast a chill over Brazil's oil industry. The criminal suit carried penalties of up to 31 years. The still-open civil case is Brazil's largest-ever environmental lawsuit, even though the amount of oil spilled...

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Transocean Pleads Guilty, Is Sentenced To Pay $400M In Criminal Penalties For Criminal Conduct Leading To Deepwater Horizon Disaster

2013-02-15 03:56:49| oilandgasonline News Articles

Transocean Deepwater Inc. pleaded guilty recently to a violation of the Clean Water Act (CWA) for its illegal conduct leading to the 2010 Deepwater Horizon disaster, and was sentenced to pay $400M in criminal fines and penalties, Attorney General Holder announced today.

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