transocean ltd « CBS Houston

Worker: Rig Was Bustling Before BP Well Blowout

A worker who survived the deadly explosion on the Deepwater Horizon testified Wednesday that a flurry of activity on the drilling rig hindered his ability to monitor BP’s well for signs of trouble before the April 2010 blowout.

2013/03/13

File photo of a BP sign. (credit: CARL COURT/AFP/Getty Images)

Trial Set To Open For Gulf Oil Spill Litigation

Nearly three years after a deadly rig explosion in the Gulf of Mexico triggered the nation’s worst offshore oil spill, a federal judge in New Orleans is set to preside over a high-stakes trial for the raft of litigation spawned by the disaster.

2013/02/25

In this handout image provided be the U.S. Coast Guard, fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, La. (credit: U.S. Coast Guard via Getty Images)

Feds Reach $1.4B Settlement With Transocean In Gulf Oil Spill

The Justice Department reached a $1.4 billion settlement Thursday with Transocean Ltd., the owner of the drilling rig that sank after an explosion killed 11 workers and spawned the massive 2010 oil spill in the Gulf of Mexico.

2013/01/03

Judge OKs $7.8 Billion Settlement In BP Gulf Class Action Suit

A federal judge has given final approval to BP’s settlement with a bulk of businesses and individuals who lost money because of the 2010 oil spill in the Gulf of Mexico.

2012/12/22

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