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Tuesday, April 14, 2015

Shell’s Artic Fate To Be Decided Soon

Shell’s Artic Fate To Be Decided Soon

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Article by Andy Tully published Monday 13 April 2015 by OilPrice.com

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Screen Shot 2015-04-14 at 09.05.35The US government has begun its full review of an application by Royal Dutch Shell to resume offshore drilling for oil and gas in the Arctic Ocean off the Alaskan coast.
The US Bureau of Ocean Energy Management (BOEM), an arm of the Interior Department, said April 10that it had satisfactorily finished its initial review of Shell’s application, submitted March 31, to drill in the Chukchi Sea and now could begin its final analysis.
The Anglo-Dutch energy company has a lease on drilling rights in the region and plans to drill an exploratory well there this summer. Besides getting the BOEM’s approval, it must also undergo federal reviews of its plans for worker safety, the protection of indigenous wildlife and plans for the disposal of wastewater.


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