this post was submitted on 14 Oct 2024
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[โ€“] OmnipotentEntity@beehaw.org 3 points 1 month ago* (last edited 1 month ago)

An environmental posadist. Not a stance I've normally seen. Imo, if nothing came out of deep water horizon, there's no oil accident big enough to matter.

Transocean received an early partial insurance settlement for total loss of the Deepwater Horizon of US$401 million about 5 May 2010.[60] Financial analysts noted that the insurance recovery was likely to be more than the value of the rig (although not necessarily its replacement value) and any liabilities โ€“ the latter estimated at as much as US$200 million.