Thursday, January 3, 2013

Transocean Agrees to Plead Guilty to Environmental Crime and Enter Civil Settlement to Resolve U.S. Clean Water Act Penalty Claims from Deepwater Horizon Incident / Transocean to pay record $1 billion in civil penalties and $400 million in criminal fines

WASHINGTON - Transocean Deepwater Inc. has agreed to plead guilty to violating the Clean Water Act (CWA) and to pay a total of $1.4 billion in civil and criminal fines and penalties, for its conduct in relation to the Deepwater Horizon disaster, the Department of Justice announced today. The criminal information, and a proposed partial civil consent decree to resolve the U.S. government's civil penalty claims against Transocean Deepwater Inc. and related entities were filed today in U.S

http://yosemite.epa.gov/opa/admpress.nsf/0/EA4C5DAF4E864D6985257AE8006