Crisis continues for newly-listed Transocean

28th April 2010, Comments 0 comments

Zug-based Transocean faces potential law suits after an offshore oil rig explosion left eleven workers presumed dead. As the oil slick spreads, agencies are conducting investigations to identify the causes of the explosion which took down the rig. Transoceans shares, listed in Zurich since April 20, drop 10 percent.

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