U.S. Delays Decision On Oil Drilling In California Waters

Monday, August 23, 1999
The U.S. Interior Department's Minerals Management Service (MMS) announced it will delay its decision on whether oil companies can drill for oil and natural gas off California's coast, until August 16, 1999. The MMS was scheduled to decide by June 30 if drilling would be allowed on 40 undeveloped leases off the central coast of California, but said it needs more time to review the oil company requests. The plans to drilling offshore California are receiving opposition from California Gov. Gray Davis, who opposes any expanded offshore drilling, and Sen. Dianne Feinstein (D-Calif.), who asked the Interior Department this week to deny the oil company requests. The leases were suspended by the MMS in 1993, pending the completion of a study to assess the environmental impact of developing the tracts. That study will be finished later this summer. Oil companies paid more than $1 billion from the late 1960s to the mid 1980s for the right to drill on the leases. The tracts were exempt from the Clinton administration's ban last year against new oil drilling. If drilling is allowed by the MMS, oil companies could begin developing the tracts later this year and the first of four proposed offshore oil platforms could be ready by 2005.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Damen Delivers Custom-Made Offshore Winches to Fugro

Damen Maaskant Shipyards, part of Damen Shipyards Group, has delivered two dedicated offshore winches to Fugro. The Dutch shipyard was responsible for the design,

Shell: UK Should Reduce North Sea Oil Tax

The British government should review a supplementary tax charge on North Sea oil producers as it has made the operation of some fields unrealistic, Shell Chief

Shell Eyes Arctic Drilling this Summer

Oil major Shell wants to revive its Arctic oil drilling programme this year after a near two-year suspension, angering environmentalists who say the risk of an oil spill is too high.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1141 sec (9 req/sec)