Bud's Offshore Energy (BOE)

Aban Pearl

The Aban Pearl sank off the coast of Venezuela in May.  Shortly after the accident, Venezuela announced that a high-level commission would investigate. However, interested parties, inquiring through official diplomatic channels, have been unable to even confirm that the sinking is being investigated.

Until operators, contractors, and governments agree to conduct accident investigations and release reports in a timely manner, offshore safety objectives cannot be achieved.