Offshore in depth ///
As domestic and international majors continue to invest in E&P activities in the Gulf of Mexico (GOM), where water depths and wells are getting deeper, the need to be well-prepared for a containment incident is becoming increasingly important. According to Barclays, by the end of 2013, E&P spending is expected to have hit a record high of more than $670 billion, with a healthy chunk going to GOM operations. Companies are slowly ramping up activity in the region post-Macondo, and the Bureau of Safety and Environmental Enforcement (BSEE) virtually ensures that operators protect their enormous investments by regulating offshore safety systems and spill response planning.
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