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• Judge Refuses to Compel Transocean CEO's Testimony

  February 2, 2012 8:21 AM

  NEW ORLEANS (AP) - A federal magistrate has ruled that Transocean Ltd. doesn't have to make its CEO, Steve Newman, available to testify at a trial for tens of thousands of court claims spawned by the Gulf oil spill in 2010. BP PLC, which leased the Transocean-owned rig that caught... more »

• BP: Don't give Gulf fail-safe device to Transocean

  June 24, 2011 9:58 AM

  ATLANTA (AP) - BP and Transocean are at odds over who should get possession of a key piece of evidence in the Gulf of Mexico oil spill investigation once additional testing is complete. Transocean, responsible for maintaining the blowout preventer that failed to stop last year's oil spill, wants the... more »

• Transocean: BP decisions led to Gulf disaster

  June 22, 2011 9:16 AM

  ATLANTA (AP) - An internal investigation by the owner of the rig that exploded in the Gulf of Mexico last year largely blames oil giant BP for the disaster. The Transocean report released Wednesday says the April 20, 2010, Deepwater Horizon explosion and resulting oil spill was the result of... more »

• Transocean: Coast Guard report on oil spill flawed

  June 9, 2011 9:35 AM

  The owner of the oil rig that exploded in the Gulf of Mexico last year said Wednesday that a Coast Guard report that faults the company for a poor safety culture and other shortcomings that preceded the disaster is full of errors. Transocean said in a 112-page response submitted to... more »

• Gulf Shores, Ala. joins suit against Transocean

  April 19, 2011 10:37 AM

  GULF SHORES, Ala. (AP) - The Gulf Shores City Council agreed Monday to join a federal lawsuit against Transocean, the owner of the Deepwater Horizon rig that exploded a year ago, causing the massive oil spill. The multi-district litigation, set in U.S. District Court in New Orleans, blames Transocean, BP... more »

• Feds to hear from more BP, Transocean officials

  December 7, 2010 9:19 AM

  HOUSTON (AP) - A federal panel investigating the cause of the rig explosion that set off the massive Gulf of Mexico oil spill is set to question more BP and Transocean officials about the disaster. The panel also was expected to hear from two technicians known as mud loggers, who... more »

• Oilfield Worker Receives $4 million from Transocean

  October 11, 2010 12:13 PM

  LAFAYETTE, La. (AP) - A federal jury has ordered Transocean to pay more than $4 million in damages to an oilfield worker injured in an offshore rig accident. The judgment entered Tuesday capped a trial for the lawsuit that 32-year-old Dan Averette filed over the July 14, 2007, accident aboard... more »

• Transocean Ordered to Pay $4M for Worker's Injury

  October 8, 2010 8:06 AM

  LAFAYETTE, La. (AP) - A federal jury has ordered Transocean to pay more than $4 million in damages to an oilfield worker injured in an offshore rig accident. The judgment entered Tuesday capped a trial for the lawsuit that 32-year-old Dan Averette filed over the July 14, 2007, accident aboard... more »

• Panel Accused Transocean of Thwarting Their Effort to get Documents and Witnesses

  October 5, 2010 3:36 PM

  METAIRIE, La. (AP) - Members of a federal panel investigating the cause of the Gulf of Mexico rig explosion and oil spill and how to improve safety and oversight accused rig owner 2010-10-05 on Tuesday of thwarting their efforts to get to critical documents and a witness. The co-chair of... more »

• Transocean Accusing Government of Mishandling Key Piece of Evidence

  September 16, 2010 4:01 PM

  WASHINGTON (AP) - The companies being sued in the largest offshore oil spill in history are accusing the government of mishandling a key piece of evidence. In a new federal court document, the company that owned the drilling rig, Transocean, says federal investigators aren't adequately preserving evidence from the rig's... more »

• Lawsuit Filed Against Rig Owner Transocean

  September 15, 2010 3:16 PM

  NEW ORLEANS (AP) - Louisiana's attorney general is asking a federal judge to rule that the owner of the Deepwater Horizon drilling rig is liable for some of the oil that gushed out of a blown-out well on the bottom of the Gulf of Mexico. A lawsuit that Attorney General... more »

• Transocean Accusing BP of Withholding Critical Evidence

  August 19, 2010 12:18 PM

  WASHINGTON (AP) - The owner of the Deepwater Horizon rig is accusing BP of withholding critical evidence needed to identify the cause of the worst maritime oil spill in history. In a sternly worded letter obtained by The Associated Press, Transocean says that lack of information is preventing the company... more »

• Transocean President Sharply Criticized Federal Government

  June 22, 2010 11:35 AM

  NEW ORLEANS (AP) - The owner of the offshore rig involved in the massive Gulf oil spill sharply criticized the U.S. government's six-month ban on deepwater drilling Tuesday. Transocean Ltd. president Steven Newman told reporters at an oil industry conference in London that there were things President Barack Obama's administration... more »

• Transocean Workers Say They Were Told To Deny Being Hurt

  May 11, 2010 2:12 PM

  Workers aboard an exploding offshore drilling platform were told to sign statements denying they were hurt or witnessed the blast that rocked the rig, killed 11 and spewed millions of gallons of oil into the ocean, their attorneys said Tuesday. Survivors floated for hours in life boats in... more »

• Oil Rig Sinks in the Gulf of Mexico

  April 22, 2010 7:29 PM

  The Deepwater Horizon oil rig that exploded and began burning Tuesday is now sunk in the Gulf of Mexico. The rig is roughly twice the size of a football field, and a potential major environmental disaster. It could unleash more than 300,000 of gallons of crude a day into the... more »

• Locals On Board Exploding Oil Rig

  April 21, 2010 7:40 PM

  Helicopters and boats continue to search the Gulf of Mexico for any sign of 11 workers missing after an oil rig exploded Tuesday night. The Transocean Ltd rig "Deepwater Horizon" burst into flames about ten o'clock, 52 miles south of Venice, Louisiana. One of the eleven missing is believed to... more »