First U.S. permit puts BP back in the gulf

[Viva_La_Revolution]

Source: UPI

LONDON, March 2 (UPI) -- European oil giant BP returns to the Gulf of Mexico as the largest shareholder in the first offshore drilling project given the green light after last year's spill.

U.S. authorities approved a request by Houston's Noble Energy to resume work on the Santiago well in the gulf. While Noble Energy operates the well, the biggest stake in the project, 46.5 percent, is held by non-operating partner BP, the Financial Times newspaper reports.

The Santiago well is less than 20 miles from BP's Deepwater Horizon platform and Macondo well, responsible for the worst oil spill in U.S. history. The Deepwater Horizon oil rig accident killed 11 workers and led to the rig spilling an estimated 170 million gallons of crude into the gulf until it was capped July 15. BP estimates costs for the cleanup to total $30 billion-$40 billion.

Read more: http://www.upi.com/Science_News/Resource-Wars/2011/03/02/First-US-permit-puts-BP-back-in-the-gulf/UPI-44421299086320/

[elias49]

1. Lovely. It's business as usual.

Money talks, LOUDLY.

[frebrd]

2. In case there's something they'd like.......

to fuck up that they didn't get around to the last time! :banghead: