Two subsidiaries, Transocean Inc and Transocean Deepwater Drilling Company, as well as two advisors are being targeted by the appeal from Norway’s financial crime unit Okokrim.
On 2 July the Oslo District Court cleared Transocean, the two subsidiaries and three advisors of charges that they withheld an initial Nkr11.4 billion ($2 billion) from taxation, subsequently reduced to Nkr7 billion, in relation to internal rig sales at the company.
Tax
