January 03, 2013 at 11:53 AM EST
Transocean to Announce Deepwater Settlement: WSJ
European Pressphoto Agency The Wall Street Journal is reporting that offshore drilling firm Transocean (RIG) is set to announce a settlement with the Justice Department in relation to the 2010 Deepwater Horizon accident in the Gulf of Mexico. The paper puts the settlement amount at about $1.4 billion. The news has sent Transocean’s shares spiking, [...]
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