Grounded Transocean oil rig successfully refloated

A 17,000-tonne oil rig that ran aground on the Isle of Lewis has been safely towed off the rocks. The Transocean Winner rig came ashore at Dalmore Bay during a storm around two weeks ago while it was being towed from Norway to Malta. The Maritime & Coastguard Agency flew its Counter Pollution verification aircraft […]

Transocean to pay $1.4bn for oil spill

Transocean, owner of the Deepwater Horizon oil rig, has agreed to pay $1.4 billion (£900m) over five years for the Gulf of Mexico oil spill. The multinational exploration company, which leased the rig to oil giant BP, pleaded guilty to a violation of the Clean Water Act (CWA) for “negligent discharge of oil” into the […]

BP Deepwater trial delayed a week

British oil giant BP’s trial over the damages for the Deepwater Horizon disaster in April 2010 has been delayed by a week. The US District Court case was due to start in New Orleans today but has been pushed back to Monday 5 March to give BP more time to reach a settlement with the […]

BP pays more as Halliburton wins and loses

BP, the firm at the centre of the Deepwater Horizon environmental disaster, has been ordered to protect contractors Halliburton from third party compensatory claims, which means BP will be forced to pay the majority of the clean-up costs. Halliburton, which provided cementing services for the Macondo well that leaked the biggest oil spill in US […]

BP ordered to pay Transocean’s costs for Deepwater spill

A US court has agreed that BP’s contractor involved in the Deepwater Horizon disaster, Transocean, is not responsible for all compensatory damage claims raised by third parties for the oil spill and that BP must bear some responsibility instead. A United States District Court statement read: “BP is required to indemnify Transocean for compensatory damages […]

Drilling rig sent to Ireland

An Irish based upstream oil and gas company, Providence Resources, has taken delivery of a semi-submersible drilling rig for the Barryroe oil discovery, expected to commence in the next couple of weeks. The GSF Arctic III, made by Transocean, is being shipped to Irish waters to drill an appraisal well on the Barryroe license. In […]

Transocean sue BP over deepwater disaster

A subsidiary company of drilling company Transocean has decided to take legal action against BP for damages sustained at the Deepwater Horizon disaster in the Gulf of Mexico in 2010. Transocean Offshore Deepwater Drilling Inc. owned the rig that suffered in the blast that killed 11 people. Transocean said BP must indemnify it for damages […]

Macondo rig owner hits back at slurs on crew

The owner of the Macondo rig which exploded in the Deepwater Horizon incident has hit back at slurs against its crew members. Transocean spoke out in response to this week’s final report from the US authorities on the causes of the blowout, which caused 11 fatalities and spilled five million barrels of oil into the […]

BP "ultimately responsible" for Gulf of Mexico oil rig

The Gulf of Mexico disaster on April 20, 2010 was caused by several “failures” by BP and its partners, finds the final report from US authorities. The report, which was dedicated to the 11 crew members who died in the accident, says that “it is clear that increased vigilance and awareness by BP, Transocean and […]