The New York Times reports that as well platforms become more capable and complicated the risks of deep sea drilling of oil increases.
The Times quotes an industry veteran: “Our ability to manage risks hasn’t caught up with our ability to explore and produce in deep water,” said Edward C. Chow, a former industry executive who is now a senior fellow at the Center for Strategic and International Studies. “The question now is, how are we going to protect against a blowout as well as all of the other associated risks offshore?”
To read more go to
http://www.nytimes.com/2010/08/30/business/energy-environment/30deep.html?_r=1&hp
The New York Times reports that as well platforms become more capable and complicated the risks of deep sea drilling of oil increases.
The Times quotes an industry veteran: “Our ability to manage risks hasn’t caught up with our ability to explore and produce in deep water,” said Edward C. Chow, a former industry executive who is now a senior fellow at the Center for Strategic and International Studies. “The question now is, how are we going to protect against a blowout as well as all of the other associated risks offshore?”
To read more go to
http://www.nytimes.com/2010/08/30/business/energy-environment/30deep.html?_r=1&hp
