Page 19 - Drilling Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

After last year's bp disaster, environmental groups say offshore drilling worth the risk. >> they are asking us to take a leap of faith that over the past year we've caught up with decades of drilling technology. where we didn't invest in containment, in response, we didn't invest in cleanup. >> before it could get a permit to drill this new well shell had to satisfy the government that if an accident were to occur it wouldn't take three months to shut off the flow of oil and gas as it did after the bp disaster. >> the containment system has the capacity to handle 60,000 barrels of fluid per d...

You can't even see it from the tallest condo building. nevertheless, when you raise it with them, what relax do you get -- reaction do you get? >> you're right. it's about educating people. it's not something that's beautiful from the beautiful coastline and the condos that we have here along the congressional district, but you also have to tell them that cuba is already selling leases. one company, a spanish company, and those plots that they're selling, about 10 miles outside of that international line that we have down off the florida keys. if you understand slant drilling technology, the n...

[ applause ] that dream, that american dream, is what drove the allen brothers to reinvent the roofing company for a new era. it's what drove those students at forsythe tech to work for the future. and that dream is the story of a small business owner named brandon fisher. brandon started a company in berlin, pennsylvania, that specializes in a new kind of drilling technology. one day last summer, he saw the news that halfway across the world, 33 men were trapped in a chilean mine, and no one knew how to save them.

Drilling technology. one day last summer, he saw the news that halfway across the world, 33 men were trapped in a chilean mine, and no one knew how to save them. but brandon thought his company could help, and so he designed a rescue that would come to be known as plan b. his employees worked around the clock to manufacture the necessary drilling equipment. and brandon left for chile. along with others, he began drilling a 2,000-foot hole into the ground, working three or four days at a time without any sleep. 37 days later, plan b succeeded. and the miners were rescued. [ applause ] >> but be...

Changed in the middle of the game they are right. the rules have changed. in a single generation, revolutions in technology have transformed the way we live, work and do business. steel mills that once needed 1,000 workers can now do the same work with 100. today just about any company can set up shop, hire workers and sell their products wherever there's an internet connection. meanwhile, nations like china and india realized that with changes of their own they could compete in this new world. they started educating their children earlier and longer with greater emphasis on math and science. ...