Tag Archives: SONAT

BP’s Oil Spill Partner Was Founded in Birmingham, Alabama

Transocean, BP’s oil spill partner, was founded in Birmingham, Alabama. Transocean Ltd., is one of the world’s largest offshore drilling contractors. The company rents floating mobile drill rigs, along with the equipment and personnel for operations, to oil and gas companies. Transocean’s rental rates for the deep water rigs are as high as $650,000 a day! Continue reading

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