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Deepwater Horizon Oil Spill (2010)
Transocean agrees to $211-million settlement in gulf spill, lawyers say
Transocean agrees to $211-million settlement in gulf spill, lawyers say

A committee of lawyers representing businesses and individuals who claim damages from the 2010 Gulf of Mexico oil spill announced a $211-million settlement Wednesday with Transocean Ltd., owner of the ill-fated Deepwater Horizon drilling rig. Energy giant BP leased the rig from Transocean. The April 2010 explosion of that rig killed 11 workers and sent oil spewing into the Gulf of Mexico for 87 days. Court rulings have put the brunt of responsibility for the disaster on BP. But Transocean and Houston-based cement contractor Halliburton also were found to have some responsibility. Halliburton reached a $1-billion settlement with plaintiffs last year. Notice of the preliminary...

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