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Items Tagged with 'transocean'

ARTICLES

CSB: Offshore risk management, regulatory oversight still inadequate in Gulf

Macondo disaster minimal compliance culture still exists

April 14, 2016

Offshore regulatory changes made thus far do not do enough to place the onus on industry to reduce risk, nor do they sufficiently empower the regulator to proactively oversee industry’s efforts to prevent another disaster like the Deepwater Horizon rig explosion and oil spill at the Macondo well in the Gulf of Mexico, an independent investigation by the U.S. Chemical Safety Board (CSB) warns.

Court denies bid to block CSB from investigating Macondo incident

For three years, Transocean has refused to cooperate

April 2, 2013

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 pleads guilty in Deepwater Horizon Disaster

Company sentenced to pay $400 million in criminal penalties

February 15, 2013

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.

Latest settlement in Deepwater Horizon disaster: $1.4 billion

January 7, 2013

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.