The owner of the offshore drilling rig that exploded, killing 11 workers and sending millions of barrels of crude oil leaking into the Gulf of Mexico in 2010, is expected to pay $1.4 billion in civil and criminal penalties to settle U.S. Justice Department investigations, news reports say.
Transocean Ltd., based in Switzerland, will pay the money to resolve the government's probe into the company's role in what was called the largest environmental disaster in U.S. history.
The company will pay $1 billion in civil penalties, $400 million in criminal penalties and will plead guilty to violating the Clean Water Act. It does not include any manslaughter charges related to the 11 deaths in the explosion, Bloomberg News reports.
BP, the company that leased the rig to drill an exploratory well, agreed in November to pay $4.5 billion to settle all criminal and some civil charges related to the accident, the Wall Street Journal said.
Via Bloomberg and the Wall Street Journal