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Environmental issue could be exploration industry's worst nightmare
- Source: First Break, Volume 16, Issue 3, Mar 1998,
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- 01 Mar 1998
Abstract
The environment may turn out to be a bigger concern for the oil industry than any fear of oil supplies drying up. That was the view expressed by Jay Paul Wagner, senior environmental consultant, Petroconsultants, at an open forum organized last month in London by the EAME Chapter of the International Association of Geophysical Contractors to discuss 'Seismic and the Environment.' Wagner's presentation encapsulated what the meeting perceived was a major dilemma for the industry, namely that it had done a lot to clean up its act but was under greater pressure than ever on environmental issues. Wagner confirmed that there was growing environmental activism, not just confined to the Greenpeace campaigns against exploration in the Atlantic Frontier, Greece and Waddensee (The Netherlands). There had been national government organisation (NGO) protests in Ecuador, Columbia and Venezuela.