Transocean files for dismissal of punitive claims from 2010 oil spill

12/19/2012 | FuelFix.com

Transocean on Tuesday filed a request to dismiss punitive claims related to the Gulf of Mexico oil spill in 2010. Though Transocean owned the drilling rig, a ruling made by U.S. District Judge Carl Barbier in February removes compensatory damage liability from Transocean, and holds BP and Anadarko Petroleum responsible for all compensatory damages. This will also include punitive damages, which "must be based on compensatory damages," according to the motion.

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