On November 6 Shell announced it submitted revisions to its Plan of Exploration to the U.S. government, a regulatory hurdle it needed to clear in order to keep Arctic drilling plans open for 2014. Shell has not decided whether it will proceed with exploration operations next year, but wanted to keep its options open. The plan, submitted to the Bureau of Ocean Energy Management, calls for a narrower approach to the Arctic, ruling out exploration in the Beaufort Sea. Instead, the company hopes to drill exploration wells only in the Chukchi Sea. Shell’s…
via OilPrice.com Daily News Update http://oilprice.com/Energy/Energy-General/Shell-Takes-Initial-Step-Towards-Arctic-Drilling-in-2014.html
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