Bud's Offshore Energy (BOE)

Good Financial Times article:

A plan to create a safety organisation for deep-water drilling is being drawn up by leading oil companies and could be launched within weeks, in an attempt to restore public confidence in the industry after last year’s BP oil spill in the Gulf of Mexico.

However, a division has emerged over whether the new body should be part of the American Petroleum Institute, the industry group that was strongly criticised by the official National Commission inquiry into the Deepwater Horizon disaster.

Stay tuned; this will be interesting.