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Chevron, Transocean settle over Rio oil spill

Last Updated: Saturday, September 14, 2013, 11:15

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

Last Updated: Tuesday, June 18, 2013, 16:03

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

US to get $1.4 bn over Gulf of Mexico disaster

Last Updated: Friday, January 04, 2013, 11:48

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.

Search called off for missing after US oil rig blast

Last Updated: Saturday, April 24, 2010, 11:03

Coast Guard Eighth District commander Rear Admiral Mary Landry said the missing workers likely never made it off the drilling platform during the explosion and raging fire late Tuesday.