The initial story was pretty shocking, even for the oil industry, though they seem to have woken up and done the right thing. This would probably be a good time for the families of the victims to speak up if Transocean is stalling on any other compensation. CNN:

Top executives of the company that owned the Deepwater Horizon oil rig announced Tuesday they will donate their safety bonuses to the families of the 11 workers killed in the April 2010 explosion in the Gulf of Mexico.

The announcement follows criticism of a Transocean Ltd. financial filing that claimed 2010 was its “best year” in safety.

“The executive team made this decision because we believe it is the right thing to do,” Chief Executive Officer Steven Newman said in a statement Tuesday. “Nothing is more important to Transocean than our people, and it was never our intent to diminish the effect the Macondo tragedy has had on those who lost loved ones,” he said. “We offer our most sincere apologies and we regret the impact this matter has had on the entire Transocean family.”