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No deepwater drilling ban for UK
UK Energy Minister Charles Hendry says a report by a parliamentary committee in deepwater drilling backs his view that no long term ban should be imposed.
“We note in particular that the committee supports the Government’s view that a moratorium on UK deepwater drilling is not warranted,” Hendry stated, responding to publication of the report by the Energy and Climate Change select committee which heard evidence last year into the state of the UK offshore drilling industry and the implications for the UKCS of the Deepwater Horizon disaster after the Macondo well blowout.
On the same day that parts of the final report from President Obama’s Presidential Commission into the disaster were published, Hendry promised further reviews of the UK sector in the wake of the Presidential Commission findings.
“We looked at our regime and increased inspections immediately after Macondo and plan a further review once US reports and the detailed analysis of the factors which caused the Gulf of Mexico incident are available,” Hendry said today.
But the UK industry is not off the hook entirely as the Energy Minister left open the possibility of further regulatory control if necessary in future.
He said: “This will look at how we can protect against the root causes of an incident of this nature and look carefully to see whether further steps need to be taken to reinforce our regulatory approach.”
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 Tullow Oil has revealed that a new well on the Ketch field in the UK Southern North Sea has come in successfully and is to be brought onstream. [Les mer ] • Field development
 Norwegian industrial group Aker ASA says it value rose 16% in the first quarter to NOK 22.5 billion (US $3.74 bn) as its investments – mainly in oil and gas operations - rose in value. [Les mer ] • Company news
 Middle East-based rig and fabrication group Lamprell has warned of a tightening in the international supply chain for rig components which has hit its construction schedules and costs. [Les mer ] • Company news
 Bond Offshore is to resume flying with its fleet of Eurocopter Super Puma helicopters after its own investigation of a gearbox fault which caused a North Sea crew change flight to ditch into the sea. [Les mer ] • HSE
 Dutch based Dockwise has launched a mandatory but hostile takeover offer for shares in rival Fairstar Heavy Transport which it does not already own. [Les mer ] • Company news
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Aker group grows value Norwegian industrial group Aker ASA says it value rose 16% in the first quarter to NOK 22.5 billion (US $3.74 bn) as its investments – mainly in oil and gas operations rose in value.
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