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Transocean Settles to Pay $1.4B for Gulf Oil Spill

Transocean Ltd. agreed to pay as much as $1.4 billion to settle civil and criminal claims over Gulf oil spill in 2010, the U.S. Department of Justice informed on the 3 rd of January. The offshore driller also conceded that its team was partly liable for the 2010 Deepwater Horizon accident in the Gulf of Mexico.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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