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HomeBreadcrumbCalendarsBreadcrumbInternational AffairsBreadcrumbClimate and Environment

Transocean Ltd. appears in court to decide on settlement agreement

Thursday 14 February 2013
New Orleans, United States

Published: 9 Jan 2013 | By Yafit Lazar and 2 others | Last updated: 7 Feb 2013
   
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Transocean Ltd., the company with ownership of the Deepwater Horizon drilling rig that was leased to British Petrol (BP) and whose explosion led to the massive oil spill in 2010, is due to appear in court to enter a guilty plea with regards to its' partial responsibility in the negligence that led to the environmental disaster. 


If the judge overseeing the hearing decides to accept Transocean's criminal settlement, this would see the Swiss-based company pay more than $1 billion in fines for civil and criminal penalties and the violation of the Clean Water Act. 


Transocean's hearing comes in the wake of BP's liability trial, due to commence at the end of February 2013.  

Source
comments Transocean to make court appearance on plea... www.nola.com
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About this event
Created by Yafit LazarCreated by Yafit Lazar
on Wed 9 Jan 2013
Modified by JorienLast modified by Jorien
on Thu 7 Feb 2013
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Location: New Orleans, United States
Date: Thursday 14 February 2013
Duration: 1 day
Planning: confirmed
Ended: 97 days ago

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