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Transocean Pleads Guilty, Pays $400M for Gulf Spill

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Rig operator Transocean pleaded guilty to a violation of the Clean Water Act and agreed to pay $400 million in criminal penalties for the 2010 Deepwater Horizon disaster, which killed 11 workers and caused the worse offshore oil spill in US history. A federal judge approved Transocean’s agreement with the Justice Department to plead guilty […]

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