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Vol. 15, No. 20 Week of May 16, 2010
Providing coverage of Alaska and northern Canada's oil and gas industry


Facing down offshore challenges

Chevron starts drilling deepest well ever in Eastern Canada’s Orphan Basin confident it has measures in place to handle a blowout; Newfoundland government said the oil industry is too critical to region’s economy to suspend offshore exploration

Gary Park

For Petroleum News

Drilling started May 9 on the deepest well ever planned for Canadian waters – a venture Imperial Oil chief executive officer Bruce March described as “high-risk,” an economic gamble that has been compounded by a public clamor for tighter rules or outright bans on offshore drilling. In 8,500 feet of....

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Extra due diligence

Fail-safe shutdown an option

Offshore rules relaxed in 2009


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