Gulf spill will change deep water operations across oil industry, says BP

Guardian: The oil industry will have to overhaul how it operates in deep water as a result of the Gulf of Mexico disaster, BP's chief executive, Tony Hayward, said last night, as the company disclosed that the cost of the spill had now reached $350m (£236m). He said there would be "significant implications" in terms of new regulations and safety, while companies drilling offshore may be required in future to have spill-response equipment on standby. The blowout preventer, which failed to ......

Read Complete Article at Water Conserve: Water Conservation RSS Newsfeed

You can leave a response, or trackback from your own site.

Leave a Reply