Alabama Announces $20 Million Settlement With Transocean

(AP) — The owner of the drilling rig involved in the 2010 Gulf of Mexico oil spill is paying Alabama $20 million to resolve legal claims related to the disaster. The Department of Justice and Gulf states earlier this year reached a $20 billion settlement with BP PLC, which leased the rig from Transocean, to settle remaining claims related to environmental and economic damages from the spill.

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