ADVFN - Advanced Financial Network.
HOME» NYSE » T » RIG Stock Price » RIG Stock News

Transocean Share News

 Transocean Ltd Stock Price
RIG Stock Price
 Transocean Ltd Stock Chart
RIG Stock Chart
 Transocean Ltd Stock News
RIG Stock News
 Transocean Ltd Company Information
RIG Company Information
 Transocean Ltd Stock Trades
RIG Stock Trades

U.S. Safety Board Says Lapses Led to BP Oil Spill

HOUSTON--The U.S. Chemical Safety Board said Tuesday Transocean Ltd. (RIG, RIGN.VX) and BP PLC (BP, BP.LN) had multiple deficiencies in their safety-management systems that contributed to the Deepwater Horizon catastrophe. The way the two companies and U.S. oil-industry organizations measured safety didn't focus on major accidents, but on personal-safety incidents and other lagging indicators, the agency said. The agency's remarks are part of a wide reaction by U.S. regulators to the deep-water blowout that in 2010 killed 11 people aboard a Transocean rig leased by BP, and led to a three-month offshore oil spill, the worst in U.S. history. The CSB, which typically investigates onshore accidents at major industrial sites, was asked by a Congressional committee to conduct an investigation on the disaster, despite opposition from some in the offshore industry who have alleged the U.S. Gulf of Mexico is outside the agency's area of jurisdiction. The CSB said a "robust system of process safety indicators" might have revealed many of the problems that led to the disaster, including discordant safety controls between BP and Transocean, over-reliance on manual intervention by the crew, fickle safety plans, and lack of follow-up after smaller or similar incidents. BP and Transocean didn't immediately respond to requests for comment. Write to Angel Gonzalez at angel.gonzalez@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Transocean (RIG)
DateTimeHeadline
08/23/201605:54:00Transocean Drilling Rig Refloated After Running Aground
08/15/201617:26:47Securities Registration: Business Combination (s-4)
08/10/201614:20:00Diesel Fuel Leaking From Grounded Oil Rig in U.K.
08/10/201614:06:00Diesel Fuel Leaking From Grounded Oil Rig in U.K.
08/09/201617:14:00Oil Rig Washes Aground on Scotland Shore -- Update
08/09/201615:10:00Oil Rig Washes Aground on Scotland Shore
08/09/201614:59:00Oil Rig Washes Aground on Scotland Shore
08/03/201618:30:00Transocean's Profit Drops, but Results Top Expectations
08/03/201618:20:00Transocean's Profit Drops, but Results Top Expectations
08/03/201616:31:11Current Report Filing (8-k)
08/03/201616:30:24Transocean Ltd. Reports Second Quarter 2016 Results
08/02/201617:08:00Transocean Files 8K - Regulation FD
08/02/201616:39:07Current Report Filing (8-k)
08/02/201616:33:04Transocean Ltd. Announces Final Results of Cash Tender Offers
08/02/201603:03:00Driller Transocean to Buy Back Partnership in $514 Million Deal...
08/01/201609:51:00Transocean Files 8K - Entry Into Definitive Agreement
08/01/201609:51:00Transocean Files 8K - Regulation FD
08/01/201609:22:21Current Report Filing (8-k)
08/01/201609:00:00Transocean to Buy Rest of Transocean Partners in $514 Million...
08/01/201608:55:00Transocean to Buy Rest of Transocean Partners in $514 Million...

Transocean and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad