Medical and Hospital News  
OIL AND GAS
Shell working to protect assets offshore Alaska
by Daniel J. Graeber
Washington (UPI) Dec 17, 2015


disclaimer: image is for illustration purposes only

While Royal Dutch Shell said it aims to protect its drilling rights in the Arctic waters offshore Alaska, it said drilling was off the table for the foreseeable future.

Royal Dutch Shell in October said it was considering its options when the Bureau of Safety and Environment Enforcement denied its request to suspend leases in Arctic Alaskan waters that expire between 2017 and 2020. Leases expire at the end of their terms unless operators are engaged in drilling or related activity.

In September, the company said it found evidence of oil and natural gas in its Burger exploration well located in the shallow waters off the coast of Alaska, but not enough to warrant further activity. Shell had said it needed more time to move forward with frontier development, but the federal BSEE ruled the company failed to consider the difficulties.

Shell, in its filing, said it was moving to protect its assets and leases in the Chukchi and Beaufort seas, arguing suspensions of the clock on the leases is warranted.

"The appeal does not change our recent decision to stop exploration offshore Alaska for the foreseeable future," a spokesman said in response to email questions.

Activists worked to thwart the deployment of drilling rigs bound for the Arctic waters offshore Alaska earlier this year. Pointing to a track record of early equipment failures from Shell, critics said the program offered more problems than promise.

Susan Marry, deputy vice president for advocacy group Oceana, described Shell's ambitions in the Arctic waters offshore Alaska as a "pipe dream."

The Dutch supermajor committed about $7 billion to the Alaska program.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
OIL AND GAS
U.S. crude oil export no longer banned under Congressional deal
Washington (UPI) Dec 16, 2015
Congress is set to avoid a U.S. government shutdown after reaching a broad financial deal that would also lift a 40-year-old ban on crude oil exports. Congressional leaders reached a deal on Tuesday pairing a $1.1 trillion spending bill with a separate measure that revives a series of expired tax breaks. The spending bill that would fund the government through September 2016 has not bee ... read more


OIL AND GAS
America's penchant for guns stronger than ever after attacks

Human skin detection technology for improved security, search and rescue

Five US states spared from mass shooting bloodbaths in 2015

Nepal quake victims face deadly winter as parties bicker

OIL AND GAS
Soyuz in the zone Dec 17 Galileo GPS launch

Europe readies for satellite launch, moves closer to own satnav

Next 2 Galileo satellites get their "boost" for upcoming Soyuz launch

US Air Force General Blasts Raytheon's 'Disaster' GPS Control System

OIL AND GAS
Chitchat and small talk could serve an evolutionary need to bond with others

Humans evolved to get better sleep in less time

Research differentiates facial growth in Neanderthals and modern humans

Engraved schist slab may depict paleolithic campsites

OIL AND GAS
The need to name all forms of life

A new genus of plant bug, plus 4 new species from Australia

Scientists discover 74 new beetle species on Hawaiian volcano

Plants cope with climate change at genetic level

OIL AND GAS
Swine flu toll up by 15, reached 57 in Iran: Official

Pigs that are resistant to incurable disease developed at University of Missouri

How Ebola spread in Western Africa, 2014-2015

Gene in 'last resort' antibiotics resistance found in Denmark

OIL AND GAS
Billionaire head of China's Fosun re-emerges after 'disappearance': media

China signs law easing social registration system

Scuffles as China rights lawyer put on trial

China medical student executed for poisoning

OIL AND GAS
U.S., U.K. help build West African partners' anti-piracy capabilities

Villagers recall fear as troops fired in 'Chapo' raid

OIL AND GAS
Fosun disappearance stokes fear among China CEOs

Hong Kong auctioneers go experimental as sales struggle

China industrial output rebounds after stimulus

Major China bank PSBC raises more than $7 bn: Xinhua









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.