Extract from a UPI article by Daniel J. Graeber published 21 July 2014
LONDON, July 21 (UPI) –John Hollowell, Shell’s vice president in charge of deep waters in the Americas, told The Daily Telegraph in London there were few limitations to how deep or how far offshore oil companies can drill.
“How far you can go is really technology based,” he said in an interview published Sunday. “When we can’t overcome the technical barriers, that will be the end, but we have yet to reach that stage.”
The company said it’s working according to the terms of the new safety culture that emerged in the wake of the 2010 oil spill in the Gulf of Mexico.
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