"Transocean Report Blames BP for Gulf of Mexico Oil Disaster"

"An internal investigation by the owner of the rig that exploded in the Gulf of Mexico last year has largely blamed BP for the disaster.

The Transocean report released on Wednesday said the Deepwater Horizon explosion on 20 April 2010 and resulting oil spill was the result of a succession of well design, construction, and temporary abandonment decisions that compromised the integrity of the well and compounded the risk of its failure. The Swiss firm said many of the decisions were made by well owner BP in the two weeks before the incident.

Transocean said its evidence indicates that BP failed to properly assess, manage and communicate risk."

The Associated Press had the story June 22, 2011.

Thursday, June 23, 2011