Royal Dutch Shell Committed to Deep Water Drilling

As a storm threatens the cleanup operation of the BP oil spill in the Gulf of Mexico, the boss of the Royal Dutch Shell Company Peter Voser, said that it was unlikely that deep water drilling would be given up by his company.

The explosion and sinking of the Deepwater Horizon oil rig in April saw US President Barack Obama order a six month moratorium on all drilling in waters deeper than 500 feet.

This ban was overruled by US Federal Judge Martin Feldman in New Orleans on June 22, 2010. The US government has asked an appeals court in New Orleans to delay enforcement of the order. Changes to safety standards are the primary concern of the law makers now.

Mr. Voser felt that the demand for energy resources was likely to rise sharply in the coming decade and it would not be likely to satisfy the world's growing energy demand without drilling for oil in deep water reserves. The future of deep water drilling is still being debated in the US.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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