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The Chevron-operated Rosebank project is located approximately 130km (80 miles) north west of the Shetland Islands, in water depths of approximately 1, 100m (3, 700 ft).
BBC: Chevron begins designs for drilling west of Shetland
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While Sandy visited devastation on the East Coast, principally New Jersey and New York, it created wind gusts as far west as Wisconsin and as far north as Canada and caused water levels to rise from Florida to Maine, the center found.
WSJ: Report: Sandy was USA's 2nd-costliest hurricane
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That said, many of the newly identified deposits are located in the central North Sea or to the west of Scotland, and will require deep-water drilling which is expensive.
FORBES: North Sea Oil and Gas may Provide One Third of Britain's Energy by 2020.
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Householders in Carlisle, Allerdale, Copeland and the north Eden Valley, all in Cumbria, are not affected, as their water comes from a different supply to the rest of the North West.
BBC: Water firm imposes hosepipe ban in north-west England
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In November 2005 a privately-owned beach at Instow in north Devon was the only one of the South West's 143 beaches which failed to meet EU bathing water standards.
BBC: NEWS | UK | England | Devon | Concern over who pays for beaches
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Baku itself frequently runs out of water, despite the snow-capped Caucasus mountains a couple of hours' drive to the north-west.
ECONOMIST: Wretchedly oil-rich Azeris