02 Apr

Forbes – Transocean Execs Get Bonuses after ‘Best Year in Safety,’ Despite Gulf Oil Disaster

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.

Eleven people were killed, including nine Transocean employees, in the April 20 explosion and collapse of the rig, which gushed crude oil into the Gulf of Mexico for 86 days.

via Forbes – Transocean Execs Get Bonuses after ‘Best Year in Safety,’ Despite Gulf Oil Disaster. So the question must be asked how many employees die and how many environmental catastrophes are created in a bad year for safety?