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Will Biden’s new blowout preventer rules help or hurt offshore drilling? It depends on who you ask.

Por: The Advocate Business September 17, 2022

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Few technical devices in oil and gas drilling may be as famous — or infamous — as the “blowout preventer.”As the name suggests, a blowout preventer is designed to seal off a well in an emergency so crude oil or natural gas doesn’t spew uncontrollably into the environment. The device gained notoriety in 2010, when the Deepwater Horizon rig’s blowout preventer failed to activate automatically during a leak, causing an explosion that... + full article



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