Tag Archives: moex

Transocean Pleads Guilty in Deepwater Horizon Oil Spill. Criminal and Civil Fines Set at a Record $1.4 Billion by Department of Justice

Posted on 3 January 2013 by Ken Zino

Transocean Deepwater, the operator of the Deepwater Horizon drilling rig in the Gulf of Mexico, will plead guilty to violating the Clean Water Act and pay a total of $1.4 billion in civil and criminal fines for its conduct during the largest oil spill in U.S. history. Continue reading →

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$90 Million MOEX Settlement for Deepwater Horizon Oil Spill

Posted on 17 February 2012 by Ken Zino

As part of the settlement, MOEX will spend $20 million for land acquisition projects in several Gulf States that will preserve in perpetuity habitat and resources important to water quality. MOEX has also agreed to pay $70 million in civil penalties, of which, $45 million will go to the United States. This is the largest civil penalty ever recovered under the Clean Water Act. Continue reading →

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