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Detailed text transcripts for TV channel - CNN - 20110419:23:49:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110419:23:49:00

Major improvements. first of all, there are two different companies providing oil containment and capping systems so if we have another loss of oil control it can be attended to much more quickly than last year. the department of interior and united states coast guard are jointly reviewing response plans. i think that needs to be embedded in legislation and probably new rules, so i think there has been a major step forward in reducing the amount of risk and improving safety. but i think this needs to be a continual process. >> do you think that there is more that is not in the works that shoul...

Detailed text transcripts for TV channel - MSNBC - 20100722:17:19:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100722:17:19:00

Speed, of course, meaning money. >> let me respond to that and come back to who should be involved in the system. when we work with contractors like a transocean, we as shell have a specific way we approach that. it's called a safety case. this will be a requirement going forward. it requires that the contractor in this case, you could use transocean as an example, would identify all the risks associated with drilling that well. then they would identify and that's why they call it a bowtie analysis. you have all the mitigations to take care of the risk. we at shell do the same thing on our own...