Deep Water Oil Drilling Will Continue, Says Shell CEO

The CEO of Royal Dutch Shell, Peter Voser, was recently quoted by a Swiss newspaper as saying that he believes that in the near future, deep water oil drilling will produce more gas than oil. Royal Dutch Shell has recently received permission to resume drilling in the Gulf of Mexico, following the cessation of deepwater drilling immediately after the rig explosion and subsequent oil spill in the Gulf last year.

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Shell CEO: Deep-water drilling set to continue