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Offshore oil is back. At what cost?

Years after one of the worst spills in history, companies in search of new discoveries are drilling even deeper into the seabed

About 150 miles south-east of the US city of New Orleans, Shell’s newest oil platform looms above the choppy waters of the Gulf of Mexico. Dubbed Vito, the structure embodies a new approach to offshore drilling both for the company — and the industry at large.

“Vito represents the future of Shell in the Gulf of Mexico,” says Ireti Omotoso, Shell’s general manager for US growth assets, over the roar of compression equipment.

“She is faster, leaner, creates less emissions and is technologically more advanced than earlier platforms,” he claims. “She does a lot more for less.”

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