Chevron Wins U.S. Deep-Water Drilling Permit for Gulf
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Chevron Corp. won approval for the first “completely new exploration” in the deep waters of the Gulf of Mexico after BP Plc’s oil spill last year, a regulator said.
Chevron will drill in Keathley Canyon Block 736 in 6,750 feet (2,057 meters) of water, about 216 miles off the Louisiana coast, the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement said today in a statement.