Monday, April 30, 2012

Execs challenge companies to step up handling of deep-water risks

Oil companies need to borrow a page -- and perhaps a whole playbook -- from the airline industry to deal with the growing risks and challenges of deep-water drilling, a Talisman Energy executive said today. "The conditions that we operate in today -- in deep-water environments, in high-pressure environments -- are significantly more challenging than we've ever had in the last 50 years in the industry," said Talisman Vice President Kevin Lacy.

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