Shell-contracted drill ship begins final Arctic journey
Jul 17 2015, 16:39 ET | Royal Dutch Shell (RDS.A, RDS.B) still does not have the final permits it needs to begin boring an exploratory oil well in the Chukchi Sea north of Alaska, buttoday’s sendoff of the Noble Discoverer drilling rig suggests the company’s confidence that those authorizations are on the horizon.
While the Discoverer could arrive at Shell’s Burger prospect in less than a week, a second Shell-contracted drilling rig, the Transocean Polar Pioneer, is still in port ~1,200 miles away from Shell’s planned oil wells.
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