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summer2009issue211

Macondo Update

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It has been more than a year since the tragedy on the Deepwater Horizon. Since the permanent plugging of the Macondo well last fall, a number of activities are continuing around the aftermath of the incident.

HorizonCap2noshadow41Transocean’s legal, investigative and operational teams continue to work with the various governmental bodies that are investigating the causes and lessons learned from the tragic events of April 20 and beyond. During the past year, representatives from Transocean have participated in countless meetings, hearings and calls to answer questions regarding the Macondo event and offer expert insight into the technicalities and intricacies of deepwater offshore operations. These have included televised hearings in Houston, New Orleans and Washington, D.C.

The Transocean investigative team, now led by Dan Farr with a multi-disciplinary team of Transocean employees, continues to work on our internal investigation of the Macondo event. A full report of Transocean’s findings and conclusions is expected in mid 2011, which will cover the causes. Hundreds of Transocean employees have been working with the team to collect enormous amounts of data and documents to help create a comprehensive, far-reaching report that will be communicated to all employees and also publicly.

On April 20, to mark the one-year anniversary of the Deepwater Horizon tragedy, we held a private service for the families of the 11 men who were lost. During this ceremony we dedicated a sculpture, which was cast in the form of a Transocean rig worker, as a permanent memorial to these 11 men. Our thoughts and prayers will forever remain with the families of those lost and injured. And also with the thousands of Transocean employees who are working around the globe to provide safe, reliable operations with the highest levels of professionalism. All of us appreciate those who are continuing to pursue the causes and the lessons learned from the Macondo incident.

Transocean greatly appreciates your ongoing hard work, commitment and loyalty to our great company.

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ThisMonthsIssue

Viewpoint
A message from CEO Steven Newman

Features
Norway: Portraits of Success

11th Annual FIRST Excellence Award Recipients

2010 Photo Contest Winners

Macondo Update

Measuring Our Success
INBOX: Letters from our customers

Achievements and Milestones

Safety Snapshot

Employee Communications Survey Results

Around Rig
Transocean Unveils New Vision, 2011 Focus Areas

Deepwater Champion Debuts in Turkey

Introducing “People Focus: Face 2 Face” Offshore Training Program

Deepwater Frontier Drills First-Ever Offshore Well in Timor Leste

Addressing Deepwater Challenges with CAPM

Transocean Introduces Code of Integrity

Cairo Employee Gihan Awwad Wins Rig Naming Contest

News Briefs -- New Digs in Angola
Rig Upgrade Snapshot: M.G. Hulme
Alex Illah Named Chairman of Nigeria IADC Chapter
Discoverer India Begins Contract with Reliance Industries
Transocean Expands Corporate Card Program
Recruiting Efforts Score New Talent in SAM Division
HR Hosts Open House in Houston
“World Cup” Trophy Drives Performance Culture in SAM

Responsibility
TO Employees Join the Fight Against Breast Cancer

Aberdeen Employees Raise Money for Cancer Research

Transocean Leader and JW McLean Join Forces to Raise Donations for Sick Co-Worker

Sedco Express Donates to Angola Orphanage

DEN Captain Joins Effort to Drill Water Well in Guatemala

Transocean Employees Participate in Deepwater Horizon Fundraiser

Grand Banks Raises Money for Cancer Organization

Transocean Prospect Raises Pounds for Charity by Dropping Pounds Offshore

Piperdam Employee Event Brings Together North Sea Team, Benefits Charities

Transocean John Shaw Raises Money for FACE

Transocean Donates Computer Equipment to Public Library in Africa

Rig People
Spotlight On: Tony Noriega

Service Anniversaries and Other Events

Editor’s Note

Pat on the Back

Vision in Practice

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Copyright © 2009 Transocean LTD.

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