Transocean May Recover Deepwater Horizon Rig From Sea Floor

Transocean Ltd., the world’s largest offshore oil driller, may attempt to recover some or all of the Deepwater Horizon rig that exploded and sank during last year’s Macondo well disaster.
The wreckage, about a mile beneath the surface of the Gulf of Mexico, was surveyed in response to a Dec. 6 request from the U.S. Coast Guard to remove diesel fuel that remains trapped in tanks aboard the rig, Transocean said today in a public filing.
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Source: Bloomberg