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Shell Oil Axes Exec For Alaska Drilling Fiasco. Will More Heads Roll?

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Wed, 15 May 13 4:15 AM | 59 view(s)
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Shell Oil Axes Exec For Alaska Drilling Fiasco. Will More Heads Roll?

David Lawrence, the executive vice president directly responsible for Alaskan operations has left the company. A Shell spokesman says that “Mr. Lawrence’s departure from Shell is by mutual consent.” Lawrence had been with Shell since 1984. His departure was first reported on the site started by longtime Shell gadfly Alfred Donovan.

A year ago Lawrence had said that Shell’s planned Arctic drilling “is relatively easy.” So it’s fitting that he was made to answer for the disastrous Alaskan campaign which was marred by a host of delays, accidents and mishaps. The misadventure resulted in a couple of wells being started, then abandoned, and one of Shell’s rigs, the Kulluk, being damaged in a grounding near Kodiak Island. “ Shell screwed up in 2012,” said Interior Secretary Ken Salazar earlier this month.

much more:
http://www.forbes.com/sites/christopherhelman/2013/03/26/shell-oil-axes-exec-for-alaska-drilling-fiasco-will-more-heads-roll/




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