Transocean to Donate Safety Bonus Awards After Criticism
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Transocean Ltd., owner of the drilling rig that exploded and sank in last year’s fatal Gulf of Mexico disaster, said top executives will donate to charity safety bonuses that drew criticism from U.S. Interior Secretary Kenneth Salazar.
The bonuses, which in aggregate total more than $250,000, will be given to the Deepwater Horizon Memorial Fund established by the Vernier, Switzerland-based company after 11 rig workers perished in the April 20 catastrophe, Transocean said today in a statement.