Seismic reflections: Drilling suspension?
When Italy introduced a drilling ban in its coastal waters in August 2010 in response to BP’s Macondo disaster, few expected that almost two years later it would still be in place. After all, even the US ban in the Gulf of Mexico was lifted within one year. However this looks set to change, with the Italian government passing a decree in June that could restart offshore activity, albeit with a 3% increase in royalty payments.
Download PDF