Transocean gives bonuses after Gulf of Mexico BP spill

EnglishLady

Veteran Expediter
BBC News


The offshore drilling firm responsible for running the Deepwater Horizon rig has given its top executives bonuses for its "best year" for safety.

Transocean was blamed along with BP and Halliburton after last year's massive spill in the Gulf of Mexico.

Eleven workers, nine of whom worked for Transocean, died when the Deepwater Horizon exploded almost a year ago.

But Transocean said there had been a drop in the rate of recorded incidents and also in their potential severity.

A Presidential commission concluded that the explosion had been caused by cost-cutting and directly blamed Transocean, BP and Halliburton for the disaster

Despite that, Transocean handed out huge bonuses to its executives citing the company's best year for safety ever

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BBC News - Transocean gives bonuses after Gulf of Mexico BP spill
 

greg334

Veteran Expediter
Well it is not the problem of the press or the public what a company does with their money. If it is an issue, everyone buy shares of the company and complain then force a vote to change the execs - most likely you will make a profit.
 
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