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Transocean Ltd. Transocean Ltd. is an American drilling company. [2] It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
On September 4, 2014, U.S. District Judge Carl Barbier ruled in the Clean Water Act trial that BP was guilty of gross negligence and willful misconduct under the Act. He described BP's actions as "reckless," while he said Transocean's and Halliburton's actions were "negligent." He apportioned 67% of the blame for the spill to BP, 30% to ...
Steven L. Newman. Steven L. Newman (born c. 1964) is an American businessman. [1] [2] He served as the president and chief executive (CEO) of Transocean [1] [2] until February 16, 2015. He was the CEO of the company when it’s offshore rig in the Gulf of Mexico experienced a catastrophic failure in the Deepwater Horizon incident.
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The U.S. Travel Association estimated that the economic impact of the deepwater horizon oil spill on tourism across the Gulf Coast over a three-year period could exceed approximately $23 billion, in a region that supports over 400,000 travel industry jobs generating $34 billion in revenue annually. [54] [55] A 2013 study in the Journal of ...
Deepwater Horizon was a fifth-generation, RBS-8D design (i.e. model type), deepwater, dynamically positioned, column-stabilized, [4] semi-submersible mobile offshore drilling unit, designed to drill subsea wells for oil exploration and production using an 18.75 in (476 mm), 15,000 psi (100,000 kPa) blowout preventer, and a 21 in (530 mm ...
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