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What changed 10-K
Item 3. Legal Proceedings
2026-02-23 compared with 2025-02-18 · 3 added, 1 removed, 26 unchanged (13% of the section changed)
12 unchanged sentences
(“TODDI”), our wholly owned subsidiary, received a letter from the U.S.
−Removed: Department of Justice (the “DOJ”) related to alleged violations by our subsidiary of its Clean Water Act (“CWA”) National Pollutant Discharge Elimination System permit for the western Gulf of Mexico (“Permit”).
+Added: Department of Justice (the “DOJ”) related to alleged violations by our subsidiary of its Clean Water Act (“CWA”) National
+Added: Pollutant Discharge Elimination System permit for the western U.S.
+Added: Gulf of America (“Permit”).
The alleged violations, involving seven of our drillships, were identified by the U.S.
12 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.