Listening to a presentation from the International Association of Drilling Contractors on the Macondo fall-out.
Demands for containment resources x00% x max spill potential available on site or within x hours are being used to reject permits to deep water drill since the moratorium ended in October. A little bit “no spill ever again” level of safety demand before permits will be granted. At least a year of deepwater drilling industry shutdown in the US gulf, which is a major regional industrial depression well beyond the O&G companies.
(Incidentally – innovative capping containments also being developed internationally. Ixtoc 1979 was bigger and flowed for a whole year. See previous Macondo threads and comment threads.)
Great Wall Drilling / Hashwe(?) / Repsol / Saipem / Gazprom / Statoil / Pertamina / ONGC / PetroVietnam / Petrobras and other partners, drilling in deep water (1 mile deep) in loop current between Cuba and Florida, with flows at 14 knots towards Florida and Carolina Atlantic coasts, and/or Cuban coast, not of course regulated by US permitting. Worse still …
People have already been prosecuted heavily for US content of technology (see partners) delivered indirectly to Cuban drilling industry. US (politically) cannot provide BOP or containment technology for a drilling operation that threatens the US coastline. People are trying to “do the right thing” without getting fired for legal infringements, amongst the political regulation. Interesting angle.