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– 2008 (March): The company was acquired by BP. The acquisition cost USD 35 billion in cash and shares. BP became the largest shareholder, controlling 76.74% of the company. – 2011: BP paid $110 billion to the US government and other countries (including Canada) in response to the Gulf of Mexico oil spill disaster. – 2015: Transocean filed for bankruptcy protection, seeking protection from credit

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