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Shell’s (RDS.A -0.6%) stricken Kulluk rig has pulled into safe harbor, but the successful...

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  • Other than perhaps inventing a sky crane to hold the drilling rig, safe drilling technology is already there.
    8 Jan, 12:02 PM Reply Like
  • "Shell doesn’t have the chops for Arctic exploration, FT's Lex column says, imploring oil companies considering far-north drilling to hold back until the technology is developed that can reduce the risks."

    Uh......seems like they proved that the technology has been developed to reduce the risks. Was there any harm to people or the environment? Looks like it was designed to withstand the elements and the rocks...
    8 Jan, 02:12 PM Reply Like
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