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Transocean acquitted in major tax trial in Norway

Transocean, the world’s biggest oil rig operator, has been found not guilty in all charges in what is seen as the biggest tax trial ever in Norway.

Photo: GDFSuez

The world’s biggest oil rig operator, US-based Transocean, has been found not guilty in a tax trial believed to be the biggest ever in Norway’s history.

This Wednesday, the District Court in Oslo acquitted the Maersk Drilling and Seadrill rival of all criminal charges and also ruled in favor of the company in a civil dispute over the tax issues, the company writes in a press release.

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