After Cameron International Corp. (NYSE:CAM) was denied by a judge when they asked for a postponement of the retrieval of the blowout preventer by BP (NYSE:BP), Transocean Ltd. (NYSE:RIG) is now asking a judge to allow them more say in how the device in examined and what happens to it.
Cameron had believe moving the preventer risked the evidence being altered or lost, and so wanted time to be able to photograph and record the conditions.
On this different front, now that the blowout preventer is in possession of the U.S. government, Transocean whats input into the next stage of checking out what caused the failure of the preventer.
There are millions, and possibly billions, at stake in what is discovered, and/or decided, so they want to be sure they're in on what is going on.
The damaged blowout preventer was removed and taken to the surface over the weekend.
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