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Ugly Divorce Likely for Transocean, BP
Once, Transocean and BP were a match made in heaven. While the drilling Colossus' Deepwater Horizon rig bore into the Gulf floor, the British oil behemoth collected the crude. Then, Transocean's famed rig exploded, and the pair's visions of a long life together slipped through their fingers like an oiled pelican.Signs point to an ugly divorce. After BP blamed everyone for the explosion but BP, Transocean struck back yesterday with their own report that pins the whole thing on BP. Guess they should've signed a prenup.
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B. E. Mintz
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