– Transocean, which owns the BP-leased offshore rig gushing oil into the Gulf of Mexico, filed a petition in a US court Thursday to limit its liability in the spill to 27 million dollars.
While British energy giant BP is responsible for the cost of the cleanup, BP executives told a congressional hearing Tuesday that Transocean was responsible for the failure of a key giant valve system.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.