Shell presses ahead with world's deepest offshore oil well.

Guardian: “Shell is pressing ahead with the world’s deepest offshore oil and gas production facility by drilling almost two miles underwater in the politically sensitive Gulf of Mexico.” ….”It comes a day after ExxonMobil said it would start work on a $4bn (£2.6bn) project to develop the Julia oilfield, also in the North American ocean basin, and weeks after BP delayed development of its biggest Gulf of Mexico project – Mad Dog Phase 2 – citing rising costs.
….Last month BP said it had paid $25bn (£16bn) of the $42bn it has set aside to cover the damage caused by the spill.
Shell’s Gulf of Mexico field, called Stones, was discovered eight years ago 200 miles south-west of New Orleans and is 2,900 metres (9,500ft) below the sea. Perdido, another Shell site in the region, is currently the world’s deepest offshore well at 2,880 metres below the surface.”