We're not about to do anything that would compromise that indemnity, Transocean Chief Executive Steven Newman said on Tuesday at the Bank of America Merrill Lynch Global Energy Conference in Miami, in response to a question about settling with the British oil company.
Newman reiterated that Transocean saw this contractual promise from BP to cover clean-up costs as iron-clad.
BP has sued Transocean, owner of the Deepwater Horizon rig that sank after the accident, and Halliburton Co
These cases are among the hundreds of claims set to go to trial before a federal judge in New Orleans in February.
Last month, Macondo well co-owner Anadarko Petroleum Corp