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Chevron, Transocean settle over Rio oil spill

US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors to settle lawsuits over an oil spill off the coast of Rio de Janeiro.

ONGC hires drilling rig for Rs 2.39 crore per day

According to Transocean, GSF Explorer was built in 1972 and upgraded in 1998.

US to get $1.4 bn over Gulf of Mexico disaster

Swiss-based Transocean, which owned a rig that blew up in the Gulf of Mexico in April 2010, has agreed to pay the USD 1.4 billion over the environmental disaster, RIA Novosti reported Friday.