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    Transocean Witness Says Deepwater Horizon Rig Was Well Maintained

    Investing News Network
    Mar. 26, 2013 03:05PM PST
    Resource Investing

    Bloomberg reported that a company witness for Transocean Ltd said the Deepwater Horizon rig was well maintained prior to the blowout of a BP Plc well that triggered the biggest US offshore oil spill.

    Bloomberg reported that a company witness for Transocean Ltd said the Deepwater Horizon rig was well maintained prior to the blowout of a BP Plc well that triggered the biggest US offshore oil spill.

    As quoted in the market news:

    In a trial to determine liability for the disaster, William Ambrose, a Transocean executive who led the driller’s internal probe of the fatal explosion and spill, today disputed testimony from a witness who claimed the company maintained the rig in a grossly negligent manner.

    Click here to read the full Bloomberg report.

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