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VENICE, La. — Coast Guard officials said an oil rig exploded off the coast of Louisiana, sending four people to hospitals Friday. Two were believed to be missing.
Originally posted by boncho
I feel sorry for their PR team.
Transocean maintains a $10 million-per-occurrence deductible on crew personal injury liability and a $5 million per-occurrence deductible on other third-party noncrew claims, according to the annual report.
“We also carry $950 million of third-party liability coverage exclusive of the personal injury liability deductibles, third-party property liability deductibles” and other retention amounts, the company said in the report. Transocean retains the risk for liability losses above $950 million.
Originally posted by boncho
I feel sorry for their PR team.
Originally posted by Ireminisce
Originally posted by boncho
I feel sorry for their PR team.
I feel sorry for their families. My husband, my dad, and my brother all work on oil rigs.
Originally posted by boncho
I feel sorry for their PR team.
The fire at the rig has been put out, but an oil sheen has spread over more than a 2-mile area on the water, the Coast Guard said.
The Louisiana governor's office said that the rig was non-producing, and the explosion occurred during some kind of maintenance work happening aboard the platform.
abcnews.go.com...
Originally posted by Ben81
i feel sorry for all the fish in the ocean
i will feel sorry about the water in my toilet (after doing a #2)
before i feel sorry for their PR team
Originally posted by roadgravel
The fire at the rig has been put out, but an oil sheen has spread over more than a 2-mile area on the water, the Coast Guard said.
The Louisiana governor's office said that the rig was non-producing, and the explosion occurred during some kind of maintenance work happening aboard the platform.
abcnews.go.com...
Originally posted by boncho
I'm not implying or insinuating anything as of yet, but one might be making good use of one's time to investigate how insurance policies play out in the world of failed oil rigs.