BP partner agrees Deepwater payout
The company which leased the Deepwater Horizon rig to oil giant BP has been fined 1.4 billion US dollars (£860 million) after admitting its role in the Gulf of Mexico disaster.
Swiss-based Transocean pleaded guilty to violating the Clean Water Act after its rig exploded in April 2010, killing 11 workers, and spilling millions of barrels of oil.
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