BP abandons Great Australian Bight drill plans

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wemay

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http://www.thehindu.com/sci-tech/energy-...cle15463413.ece

From link above
British oil giant BP Tuesday ditched plans to drill in the Great Australian Bight after reviewing its global exploration programme, a decision environmentalists hailed as a victory for the pristine wilderness.

The company had wanted to drill four deep exploration wells in waters off the South Australian coast to see whether commercial quantities of oil or natural gas are present.

But it was a controversial move with the huge bight a haven for whales, seals, dolphins and penguins and home to sea eagles and albatross...

“This news will be especially welcomed by the local communities near the waters of the Great Australian Bight like the tourism operators, oyster farmers and fishers who rely on it for their livelihoods,” said Greenpeace Australia oceans campaigner Nathaniel Pelle.

“Prime Minister Malcolm Turnbull should now heed this signal from BP, stop further oil exploration in the Great Australian Bight for good, and protect this unique wilderness while he still can.”

Other oil and gas companies, including Chevron and Santos, are eyeing exploration in the bight and the Wilderness Society said they should take note of BP’s decision.

“If BP with all its experience cannot produce an acceptable drilling plan for NOPSEMA, the remaining companies exploring in the Bight will be wasting their shareholders' money trying to pursue this folly,” said the society’s national director Lyndon Schneiders.

“The fact is that drilling here is far too dangerous for our environment and our communities and our Great Australian Bight needs to be permanently protected from the risks inherently associated with oil and gas exploration.”

BP’s application to drill had repeatedly hit hurdles at the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for failing to meet strict environmental criteria.
 
Better off to wait. May be easy pickings off the coast of the United States after the EPA is eradicated. I have to wonder if the results of the American election have alot more to do with this than the Australian environmentalists.
 
I doubt it's the US election.

The greens have not only managed to stop Fracking, but they've killed Coal seam, and in some states even conventional natural gas...AGL are looking at installing an import terminal due to the projected shortages and high prices.

Funny, when they are killing coal, they quote "clean gas"...when they get coal exiting the scene, they work on stopping gas production...tehy have an agenda, and every step is only part of the end game
 
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