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: 91

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

Doc Vega posted a blog post

Always Wondering

The face of reality pressed against your window paneIs it engineered or is it real rain?So, you…See More
yesterday
tjdavis favorited Burbia's video
yesterday
tjdavis posted a photo
yesterday
cheeki kea commented on cheeki kea's photo
Thursday
cheeki kea posted a photo
Thursday
rlionhearted_3 posted a photo
Thursday
Sandy posted photos
Thursday
james will posted a blog post

how to doanload mp3 online?

An MP3 downloader is a useful online tool that allows users to convert and download their favorite…See More
Wednesday
Doc Vega commented on rlionhearted_3's photo
Thumbnail

Another incredibly Stupid!! What, no mirrors?

"Personally , I go for the more classic forms of cosmetic surgery! "
Tuesday
Doc Vega posted blog posts
Tuesday
Less Prone favorited tjdavis's video
Tuesday
Less Prone commented on rlionhearted_3's photo
Thumbnail

Another incredibly Stupid!! What, no mirrors?

"When the problem is inside, it causes transformations like this. I like the original better. Maybe…"
Tuesday
Less Prone favorited james will's blog post YouTube Downloader Tools You Never Knew Existed
Tuesday
james will posted a blog post

YouTube Downloader Tools You Never Knew Existed

A YouTube downloader is an online tool or software that helps convert YouTube videos into…See More
Tuesday
tjdavis posted a video

Experimenter - Official Trailer

Like on Facebook: https://www.facebook.com/experimenterfilmYale University, 1961. Stanley Milgram (Peter Sarsgaard) designs a psychology experiment that stil...
Tuesday
Doc Vega posted a blog post

How Did the Soviets First Discover the SR-71 Blackbird?

Although President Lydon Johnson announced the development of the Lockheed SR-71 in 1964 which…See More
Sunday
Doc Vega commented on Burbia's blog post Disgraced Former CNN Anchor Don Lemon Arrested
"Personally, I don't consider Don Lemon or people like him to be journalists at all. They are…"
Sunday
tjdavis posted photos
Jan 31
tjdavis favorited Doc Vega's blog post The Forbidden Canyon and It’s Residents
Jan 31
tjdavis posted a video

The Farmer vs the Billionaire — Jeremy Clarkson Says NO to Bill Gates’ £100 Million Deal | UK News

OFFICIAL NOTICE: This channel is NOT Jeremy Clarkson, is not affiliated with him, and does not represent his official views or Diddly Squat Farm. This is an ...
Jan 31

© 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