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Violation Tracker Individual Record

Company: Transocean
Current Parent CompanyTransocean
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $1,000,000,000
Year: 2013
Date: January 3, 2013
Offense Group: environment-related offenses
Primary Offense: oil spill
Mega-ScandalDeepwater Horizon
Violation Description: According to the terms of the settlement, Transocean will pay a $1 billion civil penalty to resolve alleged violations of the Clean Water Act resulting from the discharge of oil into the Gulf of Mexico from the loss of the Deepwater Horizon and the April 20, 2010 blowout of the Macondo Well, and will additionally perform substantial injunctive relief to improve the safety of Transocean's oil drilling practices, as well as its oil spill response and preparedness.
Level of Government: federal
Action Type: agency action
Agency: Environmental Protection Agency
Civil or Criminal Case: civil
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oilfield services and supplies
Specific Industry of Current Parent: oilfield services
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.