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Company: Transocean Deepwater Inc.
Current Parent Company:
Transocean
Parent at the Time of the Penalty Announcement:
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Penalty: $400,000,000
Year: 2013
Date: February 14, 2013
Offense Group: environment-related offenses
Primary Offense: oil spill
Mega-Scandal:
Deepwater Horizon
Violation Description: Transocean Deepwater Inc. pleaded guilty to a violation of the Clean Water Act (CWA) for its illegal conduct leading to the 2010 Deepwater Horizon disaster, and was sentenced to pay $400 million in criminal fines and penalties.
Level of Government: federal
Action Type: agency action
Agency: Environmental Protection Agency
Civil or Criminal Case: criminal
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oilfield services and supplies
Specific Industry of Current Parent: oilfield services
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.