Bureau of Safety and Environmental Enforcement
When not drilling for oil, Transocean Ltd. also is effective at boring into its legal adversaries. The Swiss drilling rig owner yesterday filed a motion for summary judgment in the U.S. District Court for the Eastern District of Louisiana looking to put the screws to BP Plc, forcing the petroleum...
Yesterday U.S. offshore-drilling regulators issued citations against BP and two of its contractors—Transocean Ltd. and Halliburton Co.—for violating drilling regulations that led to last year’s Deepwater Horizon oil spill. The citations likely will lead to hefty fines for the companies.