The company that owns the Deepwater Horizon oil rig is Transocean Ltd. You remember, the rig that exploded in the Gulf of Mexico last year, killing 11 people immediately, spilling 200 million gallons of oil, costing untold amounts of money, killing dolphins and other sea life, and causing major ruin and destruction on the gulf coast. The company that — along with BP and Halliburton — was blamed by the presidential commission investigating the spill for making too many money-saving measures that resulted in an unacceptable amount of risk. Yeah, those guys.
Well, they just awarded their top executives big bonuses for achieving the “best year in safety performance in our company’s history” and for “significantly improving the company’s safety record”. I kid you not. They had the balls to claim that the company has an “exemplary” safety record.
Exemplary. Well, that’s certainly an example that none of us will ignore.
UPDATE: Transocean Ltd. admits that calling 2010 its “best year in safety” might have been a tad insensitive.
UPDATE 2: Transocean’s senior management team has reportedly said it will donate their safety bonus money to the victims of the well explosion. Nine of the people killed when the well exploded were Transocean employees.
UPDATE 3: The blowout preventer that failed to prevent the blowout was four years overdue for maintenance.