Cathy Landry | 202.682.8114 | landryc@api.org
WASHINGTON, November 17, 2010 — Erik Milito, director of the American Petroleum Institute’s upstream group, offered the following comments on the National Academy of Engineering and National Research Council’s preliminary findings on the Deepwater Horizon incident:
“API and the industry are working diligently to address issues raised by this report. Shortly following the incident, the industry created four task forces that provided positive recommendations to the government on how to improve safety through a systems-based approach. API and the International Association of Drilling Contractors are jointly developing Well Construction Interface Document Guidelines, which will help improve safety by linking the management systems of offshore operators with those of drilling contractors. Furthermore, API is developing a standard on deepwater well design, which will provide practices that are intended to achieve a high level of total system reliability. Significant enhancements have been made to prevent and respond to a spill, and we will continue to seek ways to enhance safety. The industry looks forward to getting back to work in the Gulf of Mexico. Thousands of jobs and billions of dollars of revenue depend upon it.”
API represents more than 400 oil and natural gas companies, leaders of a technology-driven industry that supplies most of America's energy, supports more than 9.2 million U.S. jobs and 7.5 percent of the U.S. economy, and, since 2000, has invested nearly $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.
Updated: November 17, 2010