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After the bp oil disaster prompt a moratorium on more deepwater drilling in the u.s., the obama administration last month started handing out permits again. today was a new permit for shell oil off the coast of louisiana. last friday they approved state oil for drilling a new well in the gulf. a week before that, bhp bill i ton getting approved to drill in the gulf. they hired transocean to do the drilling on that well, yes, you remember transocean. this drill ship with an unpronounceable name as you see here had been doing the drilling prior to the moratorium, according to the latest availabl...

Has the same preventers, cameron ones on top and bottom. only difference it has one more ram for a little more redundancy than the deepwater horizon. >> one change. other than that, pretty much the same. >> control system is the same, everything else is the same. >> do we know anything about this drill ship's safety record? >> it is interesting. this drill ship received mms, predecessor to bme, mre safety ou ihaemy is dionctthe me oe 2002, once in 2004, and again in 2007. the 2002 and 2004 incidents were caused by weather. this is a dynamically positioned ship held in place by gps and thruster...

After the bp oil disaster prompted a moratorium on more deepwater drilling in the u.s., the obama administration last month started handing out permits again. today was a new permit for shell oil off the coast of louisiana. last friday they approved state oil for drilling a new well in the gulf. a week before that, bhp billiton getting approved to drill in the gulf. they hired transocean to do the drilling on that well, yes, you remember transocean. this drill ship with an unpronounceable name as you see here had been doing the drilling prior to the moratorium, according to the latest availabl...

Preventer had that same one around 2000. it is essentially identical to deepwater horizon preventer. has the same preventers, cameron ones on top and bottom. only difference it has one more ram for a little more redundancy than the deepwater horizon. >> one change. other than that, pretty much the same. >> control system is the same, everything else is the same. >> do we know anything about this drill ship's safety record? >> it is interesting. this drill ship received mms, predecessor to bme, mre safety in 2005. we found it had emergency reiser disconnects three times, once in 2002, once in 2...

History. all that happy talk about how much safer everything is now, they are using the same equipment used in the bp disaster. happy talk or not. joining us now, former oil industry executive bob cavnar, that 30 year veteran that we consulted with today. currently ceo of a company in the natural gas industry. before that, he was president and ceo of an oil and gas drilling exploration firm. he is author of the book disaster on the horizon. the story behind the deepwater horizon blowout. thanks for being here. >> happy to be here. >> what do we know about the transocean drill ship blowout prev...