BP Withdraws Bid for Transocean’s $750M Insurance May 28, 2015 By Laurel Brubaker Calkins BP Plc won’t seek to access Transocean Ltd.’s $750 million insurance policy for the Deepwater Horizon rig, which exploded while...
Court Rules BP Not Covered by Transocean’s $750M Insurance February 17, 2015 By Laurel Calkins and Margaret Cronin Fisk BP Plc isn’t covered under Transocean Ltd.’s insurance policies for the undersea well blowout that caused the 2010 Gulf of...
BP Told It Can’t Use Transocean Insurance for Gulf Spill November 16, 2011 By Braden Reddall and Jonathan Stempel A federal judge rejected BP Plc’s bid to use insurance coverage from Transocean Ltd to cover costs stemming from last...