Transocean CEO performs dance to celebrate safety record

Discussion in 'Wall St. News' started by MohdSalleh, Jul 19, 2010.

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    They are not the usual images of a buttoned-down oil industry executive honouring employees at a corporate gathering. But in the video posted on the Transocean website, Steven Newman performs an impressive Bollywood dance routine accompanied by four scantily-clad women.

    The American chief executive of the world's biggest offshore oil drilling company was fulfilling a pledge to demonstrate his dance moves if the company's Indian division achieved top safety award targets.

    Mr Newman and Transocean have very different safety concerns now. The firm owned operated the doomed Deepwater Horizon rig that was blown apart in April while drilling a well for BP, killing 11 workers and unleashing the disastrous Gulf of Mexico oil spill.

    As a result, Mr Newman seems to have lost the taste for the spotlight that he in displayed in Mumbai last year. Instead, he and his company have maintained a notably low profile, even as oil this weekend reaches the white sand beaches of Florida and grim images of seabirds coated in crude dominate front pages.