Marine Well Containment Company (MWCC) was formed in 2010 when Chevron, ConocoPhillips, ExxonMobil and Shell committed US$1 billion to develop a containment response system that could operate in the Gulf of Mexico in 10,000 feet of water and process up to 100,000 barrels of fluid and 200 million cubic feet of gas per day. In May 2011, MWCC opened its headquarters in Houston […]