Transocean reports loss as it faces oil spill accusations

7th May 2010, Comments 0 comments

Zug, Switzerland GenevaLunch - Thursday was not a good day for Transocean, the world’s largest offshore oil rig company, which moved its head office to Switzerland in 2008. Company CEO Steve Neweman said, in presenting first quarter financial results, that the accident which caused the loss of the oil rig Deepwater Horizon will increase operating ...

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