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Helix in Play as Sales Create Deepwater Takeover Bait: Real M&A

2013-01-05 13:22:38| Semiconductors - Topix.net

Helix Energy Solutions Group Inc. is turning into a takeover target after streamlining the company to focus on its expanding operations for offshore oil-well support.

Tags: real create ma sales

Transocean Agrees To Plead Guilty To Environmental Crime And Enter Civil Settlement To Resolve U.S. Clean Water Act Penalty Claims From Deepwater Horizon Incident

2013-01-04 08:28:28| oilandgasonline News Articles

Transocean Deepwater Inc. has agreed to plead guilty to violating the Clean Water Act (CWA) and to pay a total of $1.4 billion in civil and criminal fines and penalties, for its conduct in relation to the Deepwater Horizon disaster, the Department of Justice announced recently. The criminal information, and a proposed partial civil consent decree to resolve the U.S. government’s civil penalty claims against Transocean Deepwater Inc. and related entities were filed today in U.S. District Court in the Eastern District of Louisiana.

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Deepwater Horizon Owner to Pay $1.4 Billion for Gulf Spill

2013-01-04 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The driller whose floating Deepwater Horizon oil rig blew out in 2010, causing a massive oil spill, has agreed to settle civil and criminal claims with the federal government for $1.4 billion, the Justice Department announced Thursday. The Deepwater Horizon exploded, burned and sank in April 2010. Eleven men were killed and millions of gallons of oil flowed into the Gulf of Mexico and fouled the shores of coastal states. The well, known as Macondo, was owned by British oil giant BP, which settled...

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