WTVY  | Dothan, AL  | News, Weather, Sports

Transocean Settlement of Gulf Spill Heads to Court

By: Associated Press
By: Associated Press

NEW ORLEANS (AP) -- Transocean Ltd. has made an initial court appearance in New Orleans for its plea agreement with the Justice Department over the company's role in the massive 2010 oil spill in the Gulf of Mexico.

Transocean did not immediately enter a plea Wednesday to a misdemeanor charge of violating the Clean Water Act.

Transocean has agreed to pay $400 million in criminal penalties, plead guilty to the charge and pay $1 billion in civil penalties. It isn't expected to enter the plea until next month.

U.S. District Judge Jane Triche Milazzo has scheduled a Feb. 14 hearing to decide whether to accept the criminal settlement.

Transocean owned the Deepwater Horizon drilling rig, which sank after an explosion killed 11 workers and triggered the spill. BP PLC leased the rig from Transocean.

AP-WF-01-09-13 2040GMT


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 186233972