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U.S. approves first floating deepwater storage in Gulf

By: lkorrow in CONSTITUTION | Recommend this post (0)
Tue, 24 Jan 12 8:18 AM | 59 view(s)
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Msg. 17136 of 21975
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U.S. approves first floating deepwater storage in Gulf

By Tom Doggett and Kristen Hays
Thu Mar 17, 2011

http://sweetness-light.com/archive/obama-okays-gulf-oil-storage-for-brazil

WASHINGTON/HOUSTON (Reuters) â€“ The U.S. Interior Department said on Thursday it gave final approval for Petrobras to use the first ever deepwater floating production storage facility in the Gulf of Mexico.

The facility will be used when the company begins oil and natural gas production at its Chinook-Cascade project in the near future, the department said. Petrobras is based in Brazil.

http://www.reuters.com/article/2011/03/17/us-oil-floating-idUSTRE72G80K20110317

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