Transocean's $1B civil settlement over Gulf spill gets court approval

02/19/2013 | Washington Post, The

Transocean's $1 billion settlement with the Department of Justice on civil penalties arising from the 2010 Gulf of Mexico oil spill was approved by U.S. District Judge Carl Barbier. There is "no just reason for delay" in clearing the agreement, Barbier said. Last week, Transocean's criminal settlement with the U.S. government was approved by a different judge.

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