The Transocean Development Driller III, which is drilling the relief well, is seen surrounded by part of the oil slick covering the site of the BP oil spill in the Gulf of Mexico, off the coast of Louisiana May 12, 2010. REUTERS/Rick Wilking
U.S. judge accepts Transocean guilty plea over Macondo
Posted : Thursday, 14 February 2013 10:54AM
(Reuters) - A judge on Thursday accepted drilling rig operator Transocean Ltd's <RIG.N> agreement to plead guilty to violating the Clean Water Act and pay $400 million to settle U.S. government criminal charges over the massive Gulf of Mexico oil spill at BP Plc's <BP.L> Macondo well in 2010.
The overall settlement, unveiled last month by the U.S. Department of Justice, included $1 billion in civil penalties in addition to the $400 million in criminal penalties.
(Reporting by Braden Reddall in San Francisco)
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