Chevron Responds to Offshore Oil Drilling Permit

Today, the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) issued the first deepwater drilling permit in the Gulf of Mexico since the Macondo incident.

It’s a step in the right direction. We hope it is the first of many, and that other permits currently caught up in the backlog of regulatory uncertainty will be approved quickly. The industry has learned from 2010 Macondo incident.