Aug 4, 2011
HOUSTON -(Dow Jones)- Royal Dutch Shell (RDSA) said Thursday it has received approval from federal regulators to drill a new well at its Gulf of Mexico Europa field.
The permit will allow Shell, one of the largest producers in the Gulf, to return all of its five contracted drilling rigs to work, a company spokeswoman wrote in an email.
Shell and other companies slowed the pace of drilling in the deepwater Gulf of Mexico after the federal government imposed a nine-month drilling moratorium in the area following last year’s BP PLC’s (BP) Deepwater Horizon oil spill. The government resumed issuing permits in late February.
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