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Offshore oil is back in the U.S., but at what cost?

Years after one of the worst spills in history, companies in search of new discoveries are drilling even deeper into the seabed

By: financialpost.com

Nov 18 2024
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Offshore oil is back in the U.S., but at what cost?

About 150 miles south-east of the U.S. city of New Orleans, Shell PLC's newest oil platform looms above the choppy waters of the Gulf of Mexico. Dubbed Vito, the structure embodies a new approach to offshore drilling both for the company — and the industry at large. Read More

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