Transocean hails ‘best year’ in safety, gives execs bonuses, despit...



The company that owns the now-infamous Deepwater Horizon, the oil rig that caused immeasurable damage to the Gulf, recently applauded itself for the "best year in safety performance in our Company's history." The company, Transocean Ltd., rewarded its executives millions in bonuses for the achievement, according to the annual report it released yesterday.

Steven L. Newman, Transocean's president and CEO, awarded himself $4.3 million in cash bonuses, stocks and options.

Eleven people died as a direct result of the disaster in the Gulf, nine of them Transocean employees, according to Forbes.

"Notwithstanding the tragic loss of life in the Gulf of Mexico, we achieved an exemplary statistical safety record as measured by our total recordable incident rate and total potential severity rate. As measured by these standards, we recorded the best year in safety performance in our Company’s history, which is a reflection on our commitment to achieving an incident free environment, all the time, everywhere," the company wrote in their annual statement to shareholders.

Transocean leased the Deepwater Horizon to BP, so it contends it has no liability for the spill and explosion.

Views: 120

Replies to This Discussion

Are you ready to wake up yet?

How much more blatant does it have to get 

11:11

OMG, this is brazen in-your-face doublespeak.

RSS

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis posted a video

EXPLOSION of "DISLIKE" for India Explained

⭐ Go to https://tryfum.com/BLACKPIGEON or scan the QR code and use code BLACKPIGEON to get your free FÜM Topper when you order your Journey Pack today.------...
13 hours ago
Doc Vega posted blog posts
18 hours ago
tjdavis favorited Sandy's video
Friday
tjdavis favorited Sandy's photo
Friday
tjdavis favorited Sandy's photo
Friday
Less Prone commented on tjdavis's video
Thumbnail

COWBOY’S ISLAM SPEECH IS GOING VIRAL⚡️👏🏼 Islam Is Not Compatible With America

"Act now before it's too late. Stop the infiltration. Kick them out."
Thursday
tjdavis's video was featured

COWBOY’S ISLAM SPEECH IS GOING VIRAL⚡️👏🏼 Islam Is Not Compatible With America

❤️Help me reach 160K Subscribers! Subscribe Now and Turn On Notifications!🔥CHECK OUT THE MERCH HERE: https://ali-tabrizi-shop.fourthwall.comMY SOCIALS:🔥Ins...
Thursday
Less Prone favorited cheeki kea's video
Thursday
Less Prone commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
"They keep fooling us until they are stopped. But how?"
Thursday
Doc Vega's 7 blog posts were featured
Thursday
Less Prone favorited Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
Thursday
Less Prone favorited Sandy's video
Thursday
Less Prone commented on Sandy's video
Thumbnail

Eric moutsos What is Walmart allegedly doing?

"Leavy your mobile "smart" phone home when shopping, or shut it down and put it in a…"
Thursday
Less Prone posted a photo

Very Stupid Poison Your Food.webp

Are we suicidal or what? Who is pushing this on us?
Thursday
Keisha Ruan's blog post was featured
Thursday
Less Prone favorited Sandy's photo
Thursday
Doc Vega posted blog posts
Thursday
Sandy posted a photo
Wednesday
Snakedaddy favorited Sandy's photo
Wednesday
Sandy posted a video

Eric moutsos What is Walmart allegedly doing?

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Sep 6

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted