Description:
"Transocean, the Swiss-American drilling firm being sued by the United States for its role in the recent BP oil spill in the Gulf of Mexico, has received a second subpoena over its activities in Burma, a recent regulatory filing with the US Securities and Exchange Commission (SEC) shows.
Actinia
Transocean International?s semi-submersible drilling rig, the Actinia. Last year, the Actinia was contracted to drill in Burmese waters licensed to a consortium that includes China?s CNOOC and Singapore-registered firm China Focus Development ? owned by junta crony and alleged narcotics money-launderer Stephen Law, aka Tun Myint Naing. Photo: Mizzima
The administrative subpoena came from the US Office of Foreign Assets Control (OFAC), the branch of the Treasury Department that oversees American trade and financial sanctions..."
Source/publisher:
Mizzima
Date of Publication:
2010-12-21
Date of entry:
2010-12-24
Grouping:
- Individual Documents
Category:
Language:
English