Extracts from an article by Daniel J. Graeber published 9 April 2014 by UPI
HOUSTON, April 9 (UPI) — The arctic waters off the Alaskan coast may be one of the more promising reserve basins in the nation, but exploration will have to wait, Shell said Wednesday. Ann Pickard, executive vice president for Shell’s arctic programs, said arctic nations have decided to open their waters to exploration and her company aims to develop those reserves responsibly. Last week, the U.S. Coast Guard published a 152-page report on Shell’s operations in Alaska. Shell’s drillship Kulluk struck ground off the Alaskan coast in 2012, and the Coast Guard blamed harsh winter conditions and the company’s efforts to escape Alaskan tax laws for the incident.
0 Comments on “Shell remains committed to Alaskan arctic”
Leave a Comment