Arctic Drilling Protests Greet Royal Dutch Shell Drilling Rigs In Seattle
By: MICHEAL KAUFMAN: Published: May 16, 2015 at 9:07 am EST
The protest by environmental groups and the people of Seattle against Royal Dutch Shell plc (ADR) (NYSE:RDS.A) move to dock its drilling rigs at the city’s port is growing by the day. The port of Seattle had earlier decided to grant access to Shell’s Arctic drilling rigs.
As part of the lease agreement between the port of Seattle and shell subsidiary Foss maritime, the latter will service Shell’s Arctic drilling fleet for two years. On May 11, the US Bureau of Ocean Energy Management had given a conditional approval to the Anglo-Dutch company to conduct oil exploration in the Arctic.
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