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US judge approves $400 mln Transocean settlement

A US judge approved Thursday a $400 million settlement in criminal penalties against rig operator Transocean, involved in the 2010 Gulf of Mexico oil spill, the worst environmental disaster in American history.A US judge approved Thursday a $400 million settlement in criminal penalties against the rig operator involved in the 2010 Gulf of Mexico oil spill, the worst environmental disaster in American history. The punishment was part of a plea bargain agreement reached last month by rig owner Transocean Deepwater Inc. and the US Justice Department.