Treasury Dept. subpoenas TransOcean about Myanmar operations

By Julie Vorman and Laurel Adams

TransOcean Ltd., the offshore drilling company facing numerous investigations about its rig explosion and the ensuing BP oil spill, says the

Excerpts from this story referencing "Treasury Department’s Office of Foreign Assets Control":

"… sOcean said it “recently received an administrative subpoena” from the Treasury Department’s Office of Foreign Assets Control (OFAC). That office is responsible for enforcing U.S. economic sanctions a …"