Shell Anticipates Alaska Drilling by Summer
HOUSTON (Dow Jones Newswires), Jan. 12, 2012
Shell is confident it will be able to drill for oil and natural gas in Alaska's arctic region this summer as it hopes to overcome its remaining legal challenges.
"We still have a few not insignificant hurdles to get past, but it looks that we will be drilling," Marvin Odum, president of Shell Oil Co., the U.S. unit of the Anglo-Dutch giant, said in prepared remarks delivered at a conference in Houston.
Shell recently received various federal environmental permits to drill in Alaska's Chukchi and Beaufort Seas, but environmental groups have filed lawsuits challenging those approvals.
Copyright (c) 2012 Dow Jones & Company, Inc.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 29 Offshore Rigs
- UK Firm Intertek Says Employee Involved in Shell Oil Theft Case (Jan 17)
- Shell Looks Beyond Road Fuels to Secure Future of Refining (Nov 06)
- API Panel Member: Voluntary Methane Program Forthcoming (Oct 06)