Shell's Grounded Rig Product Of Poor Tow Plan – U.S. Coast Guard
Royal Dutch Shell (LSE:RDSA) ignored warnings about the dangers of a towing mission that left a drillship grounded in the storm-tossed Gulf of Alaska in 2012, in part to avoid paying millions of dollars in state property taxes, the U.S. Coast Guard said in a report released on Thursday. The 152-page report, which came nearly a year after a U.S. Coast Guard hearing into the incident off Kodiak … Read News