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Posts on ‘March 9th, 2013’

After Watching Shell, Statoil Considers Walking Away From Arctic Offshore Leases

Screen Shot 2013-03-09 at 19.51.15One key reason for Statoil’s reluctance to rush into Arctic offshore operations is the cost involved. Shell has spent approximately $5 billion on equipment and preparations, only to see its state of the art oil spill response equipment “crushed like a beer can” in a routine test off Puget Sound. And both of the company’s specialized Arctic drilling rigs were so badly damaged in accidents last year that Shell will tow them to Asia for substantial repairs — delaying its own exploration plans until at least 2014.

By Climate Guest Blogger on Mar 9, 2013 at 11:17 am

By Kiley Kroh

This week a top executive with Norway-based Statoil said it would be willing to walk away from Arctic offshore drilling if exploration in the harsh and remote environment proves too risky.

In an interview at the IHS CERAWeek conference in Houston, Tim Dodson, Statoil’s executive vice president of global exploration, acknowledged the numerous challenges associated with Arctic offshore drilling and reiterated his company’s cautious approach to exploration in the region. read more and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

Carson Residents Protest Shell Oil Company Contamination

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Residents of the Carson Carousel neighborhood marched in protest from Dolphin Park to a Shell Oil facility on Wilmington Avenue Friday evening. The Carousel tract is built over a former Shell Oil tank farm and contamination was discovered in the soil in 2007. The Los Angeles Regional Water Quality Control Board is overseeing Shell’s clean-up plans; which residents complain are moving too slow.

Residents of the Carousel Tract neighborhood in Carson staged a protest against Shell Oil Friday by marching with signs from Dolphin Park to a Shell facility on Wilmington Avenue. Myra Groce, left, and Clemencia Ortega, center, and Juanita Talavera, right, lead the protest while carrying their banner. 20130308 Photo by Steve McCrank / Staff Photographer read more and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

Move Over Shell, ConocoPhillips Looking to Drill in the Chukchi Sea in 2014

“We’re not going to bring up a 30-year-old piece of equipment,” said Mike Faust, ConocoPhillips’ Chukchi program manager, during the meeting in Anchorage.

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By On

ConocoPhillips on Thursday revealed that it is moving ahead with plans to drill up to two exploratory wells in Alaska’s arctic waters in 2014 where rival Royal Dutch Shell suffered a number of setbacks this past year.

ConocoPhillips proposed exploratory drilling program, presented during NOAA’s annual Arctic Open Water Meeting, will focus on the “Devils Paw” prospect located 80 miles offshore in the shallow waters of Chukchi Sea, Alaska. The company says it intends to drill one or two exploration wells during the open water season of 2014 in water depths of approximately 140 feet. read more and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.
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