Oil drilling to resume in the gulf

BP plans to restart deepwater drilling in the Gulf of Mexico this summer a year after the fatal Deepwater Horizon rig explosion triggered the worst oil spill in history. US regulators have given the firm approval to start work on 10 wells in the Gulf that were halted by a moratorium on drilling imposed after the spill, according to the Sunday Times. BP declined to comment. The move is likely to fuel public anger and comes days after it emerged that the US justice department is considering manslaughter charges after the devastating oil spill, which killed 11 workers and caused an environmental crisis. Drilling could start as early as July, less than 15 months after the disaster. Investigations into the spill continue with the US authorities examining testimony from Tony Hayward, the former chief executive, and others as they consider bringing legal action.

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Offshore drilling to resume

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Oil companies slow to resume gulf drilling - News - Houma Today - Houma, LA

Maersk says to resume Gulf of Mexico drilling Maersk Drilling said on Thursday it would soon resume drilling in the Gulf of Mexico and would drill the first deepwater well since the United States halted Gulf drilling after the Macondo oil spill last year, Reuters reports. The drilling ban was lifted in October but U. Maersk Drilling, a unit of Danish shipping and oil group A. N at its Hadrian prospect, a Maersk Drilling spokesman said. OL which has sublet it to Exxon, which will pay the same rate as Statoil, the company said. Maersk Drilling Chief Executive Claus Hemmingsen declined to specify what rate Exxon Mobil would pay for the rig, but added: "We are happy about the rate.
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Analysts view: Court allows deepwater drilling to resume

Gulf of Mexico News. Wednesday April 21, - The U. Coast Guard revealed this week that it has suspended its search for the remaining missing Seacor Power lift boat crewmembers. Department of Energy has revealed that a net zero producers forum between the energy ministries of the United States, Canada, Norway, Qatar, and Saudi Arabia is being established. Big Oil Sees Cash Rolling In Monday, April 26, After one of the most difficult years in the oil industry's history, crude prices have recovered and major producers are finally generating spare cash.
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Gulf of Mexico, a day after Tropical Storm Cristobal blew through with high winds and heavy rains. Producers had evacuated offshore facilities and shut in wells producing , barrels per day of oil and million cubic feet per day of natural gas at U. Gulf of Mexico wells as of Sunday.
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