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Tuesday, April 21, 2015

Shell Learned Some ‘Expensive Lessons’ in Arctic, Jewell Says

Shell Learned Some ‘Expensive Lessons’ in Arctic, Jewell Says

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Screen Shot 2015-03-02 at 19.49.45Article by Harry Weber published April 20, 2015 byBloomberg.com

Royal Dutch Shell Plc learned “some very painful and expensive lessons about contractors” from its mishaps drilling in the Arctic in 2012, U.S. Interior Secretary Sally Jewell said.
Shell learned how to better manage companies it relies on for critical aspects of its offshore drilling programs, Jewell told reporters at the IHS CERAWeek conference in Houston on Monday. The U.S. government has “raised the bar” on safety in terms of offshore drilling in recent years, she said.
The Interior Department this month confirmed Shell’s exploration lease in Alaska, clearing the way for the company to resume drilling that was halted after a stranded rig and legal challenges. Greenpeace activists boarded an oil rig in the Pacific Ocean, seeking to halt Arctic drilling.




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