Click here for a free download of the latest Adobe Flash Player.

Tools

Moritorium Affects New Drilling Offshore

KEYT Reporter

Story Created: Jul 29, 2010 at 4:38 PM PDT

Story Updated: Jul 30, 2010 at 9:46 AM PDT

A new Obama Administration moratorium on deep sea drilling affects more than the gulf coast.

It affect platforms in deep water off the Central Coast.

The moratorium is intended to address safety concerns about underwater blowout preventers.

A spokeswoman for Veneco says the platforms are still drilling but there is no new drilling going on.

Lisa Rivas says that means some of the deep sea work is headed to other countries.

For local contractors that means jobs are lost or leaving.

The new moratorium is expected to be lifted in December.
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Primetime

8.00
wife swap
9.00
primetime: what would you do?
10.00
20/20
11.00
key news