Arctic-rig plan raises questions

Despite grounding in Gulf of Alaska, Shell defends tow decision

Posted: January 5, 2013 at 3:37 a.m.

Two life rafts sit on the beach Thursday near the grounded drilling rig Kulluk about 40 miles southwest of Kodiak City, Alaska.

Shell Oil’s efforts to take an Arctic drill rig to a Seattle shipyard involved a winter tow through the Gulf of Alaska, where powerful storms brew treacherous seas.

Shell drilling barge has damaged generators

A Royal Dutch Shell PLC drill vessel aground off a remote Gulf of Alaska island is upright and stable but has suffered damage to generators and its upper deck. (By The Associated Press)
[View Full-Size]

This story is only available from our archives.

Business, Pages 25 on 01/05/2013


« Previous Story

Stations change hands in LR

Mission Broadcasting Inc. of Brecksville, Ohio, completed the $60 million cash purchase of two Little Rock television stations Thursday. Read »

Next Story »

Wind tax credit seen as late relief in state

A windmill (rear center) supplies water to a stock tank, surrounded by wind turbines of the Smoky Hills Wind Project near Wilson, Kan.

A year-long extension of the federal Production Tax Credit, approved by Congress this week, did not come soon ... Read »