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Oil majors outline plans for rapid spill response in gulf

07/26/2010
By Paula Dittrick
Four oil majors announced plans July 21 to build and deploy a rapid response system that would be available to capture and contain oil in the event of a future well blowout in the deepwater Gulf of Mexico. The companies committed $1 billion to fund initial costs.Chevron Corp., ConocoPhillips, ExxonMobil Corp., and Royal Dutch Shell PLC said the new system will be flexible and capable of beginning mobilization within 24 hr for use on various well designs and equipment, oil and natural gas flow rates, and weather conditions.The new system will be designed for 10,000 ft of water and have initial capacity to contain 100,000 b/d.Blowout was impetusSince the Apr. 20 blowout of BP PLC's deepwate...
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