Royal Dutch Shell yesterday defended deep-water oil drilling as it announced a near-doubling of its second-quarter profit and a beefed-up target for asset sales.
Peter Voser, Shell chief executive, said BP's Gulf of Mexico deep-water oil spill was a tragedy but Shell had so far seen no need to change how it operated prior to the release of the accident investigation findings.
Deep-water drilling still had an important role to play in global energy supply. “We have got growth potential there,” he said.
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