Montara Blowout - Timor Sea - 2009
A spokesman for PTTEP says the damaged rig will be towed away next month and a replacement will be in place by June next year subject to government approvals. ABC-Australia
Food for thought:
- Should a major blowout automatically disqualify a company from further exploration and development within that field?
- Should PTTEP have voluntarily agreed to (been required to) assign their Montara rights to another company?
- Should leases or operating licenses be automatically suspended after such major accidents?
- Shouldn’t exploration and development rights be contingent on safe and responsible operating practices?
- Do PTTEP and other operators deserve a second chance under such circumstances? Third chance? How many?
Bud's Offshore Energy (BOE) 
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