Summary
ROYAL Dutch Shell will continue its deep-water drilling programme to meet rising global oil demand, its chief executive said yesterday, despite safety concerns following rival BP"s Gulf of Mexico blowout.
"Given the rise in the population and rise in developing world of energy needs, we will have to develop those resources in deep waters as well, so my expectation is that we will go forward with it, but it will need some changes, Peter Voser said during the Fortune Global Forum in Cape Town, South Africa. Voser said Shell would not have drilled the well, which has leaked tens of thousands of barrels of oil for more than a month, in the same way as competitor BP did.See the full content of this document
Extract
Shell's Deep-Water Drilling to Continue
He said: "We wou...
See the full content of this document
Sponsored links
