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Keith P. Ellison rules that liability cases filed against Transocean can move forward under the Clean Water Act and Clean Air Act; and that the Limitation of Liability Act of 1851 does not apply (Transocean had sought to cap its liability at $27 million for the value of its contracts on the Deepwater Enterprise). [81] [82] June 15
[60] Transocean files in the U.S. District Court for the Southern District of Texas to limit its liability under the Limitation of Shipowner's Liability Act to just its interest in the Deepwater Horizon which it values at $26,764,083. [61] May 14 – BP inserts 4-inch (100 mm) wide riser into the 21-inch-wide burst pipe.
Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig [7] owned by Transocean and operated by the BP company. On 20 April 2010, while drilling in the Gulf of Mexico at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. [8]
Clearly, Transocean (NYSE: RIG) has been the beneficiary of this foresight along its path. This vision continues to grow and is sharply focused Transocean: Deepwater Is the Way Forward
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Transocean was described as having had previous problems with both cement seals (in 2005) and blowout preventers (in 2006), both the suspected cause of the Deepwater Horizon disaster; however, the company stated that cementing was a task completed by third party laborers, and that it had "a strong maintenance program to keep blowout preventers ...
New sealing cap. July 11 Discoverer Inspiration delivers the new cap to the site and Discoverer Enterprise moves off its site above the leak. [56] [57]National Center for Atmospheric Research and University of Hawaii at Manoa release studies saying that if the spill continues to September 17 oil could reach the Carolinas, Georgia and Northern Florida by October 2010.
Waves reached heights of 50 feet Sunday during the Eddie Aikau Big Wave Invitational in Hawaii that produced epic rides and big wipeouts.