nuclear-news

Never mind the radioactive waste under the Arctic sea: Shell is keen to drill there

Shell still optimistic about Arctic drilling
http://www.heraldsun.com.au/business/breaking-news/shell-still-optimistic-about-arctic-drilling/story-e6frf7ko-1226485643427   AP October 01, 2012   THE stars lined up – almost – for Shell Oil to drill exploratory wells this year in waters off Alaska’s north coast.
The Arctic Ocean was on record pace for low sea ice. The Obama administration gave a qualified green light to drilling. Two drill ships and a flotilla of support vessels were staged off prospects.

But as the open water season wound down, Shell announced last week it would limit drilling to time-consuming preparation for an offshore well. The final straw for the decision: damage during testing September 15 to an undersea containment dome, a key to the company’s spill response system.

Environmentalists cheered the setback. Shell Oil President Marvin Odum says he considers it a temporary impediment in the long-term quest to open a petroleum frontier.

October 1, 2012 - Posted by Christina Macpherson | oceans, safety