Transocean to Pay More Than $1.4 Billion in U.S. Spill Deal

Transocean to Pay More Than $1.4 Billion in U.S. Spill Deal

Derick E. Hingle/Bloomberg

Transocean will plead guilty to a single count of violating the Clean Water Act, according to a consent decree between the company and the U.S. filed today in federal court in New Orleans.