Testimony
Before The Committee On Environment & Public Works
United States Senate
May 11, 2010
Before The Committee On Environment & Public Works
United States Senate
May 11, 2010
Economic and Environmental Impacts of the
Recent Oil Spill in the Gulf of Mexico
Steven Newman, Chief Executive Officer, Transocean, Ltd.
Chairman Boxer, Ranking Member Inhofe, and other members of the Committee, I want to thank you for the opportunity to speak with you today.
My name is Steven Newman, and I am the Chief Executive Officer of Transocean, Ltd. Transocean is a leading offshore drilling contractor, with more than 18,000 employees worldwide. I am a petroleum engineer by training, I have spent considerable time working on drilling rigs and I have worked at Transocean for more than 15 years. I am proud of the Company’s historical contributions to the energy industry during that time. Today, however, I sit before you with a heavy heart.
My name is Steven Newman, and I am the Chief Executive Officer of Transocean, Ltd. Transocean is a leading offshore drilling contractor, with more than 18,000 employees worldwide. I am a petroleum engineer by training, I have spent considerable time working on drilling rigs and I have worked at Transocean for more than 15 years. I am proud of the Company’s historical contributions to the energy industry during that time. Today, however, I sit before you with a heavy heart.
