Transocean Ltd. http://apr.org en Judge Sets Feb. 14 Hearing on Transocean Plea Deal http://apr.org/post/judge-sets-feb-14-hearing-transocean-plea-deal <P>A federal judge in New Orleans has scheduled a Feb. 14 hearing to decide whether to accept the Justice Department's criminal settlement with Transocean Ltd. over the company's role in the massive 2010 oil spill in the Gulf of Mexico.</P> <P>Transocean, which owned the rig that sank after an explosion killed 11 workers and spawned the spill, agreed last Thursday to pay $400 million in criminal penalties and plead guilty to a misdemeanor charge of violating the Clean Water Act. The Switzerland-based company also agreed to pay $1 billion in civil penalties.</P> <P>U.S. Tue, 08 Jan 2013 13:54:28 +0000 The Associated Press 22932 at http://apr.org Judge Sets Feb. 14 Hearing on Transocean Plea Deal