Transocean Ltd., owner of the Deepwater Horizon oil rig, awarded millions of dollars in bonuses to its executives after "the best year in safety performance in our company's history," according to an annual report and proxy statement released yesterday.
I vomited when I read this paragraph:
"As measured by these standards, we recorded the best year in safety performance in our Company's history, which is a reflection on our commitment to achieving an incident free environment, all the time, everywhere."
What about the month long drilling problem with the Transocean Marianas at well A of the Macondo prospects 6 months before the DWH?
What about the blowout and near-miss disaster in the North Sea (for Shell) just 4 months before the DWH incident?



