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Energy companies may face further delays to offshore drilling projects despite the lifting of a ban on drilling in the Gulf of Mexico.

The moratorium ended this month, but new regulations could increase drilling times by 20% to 25%, resulting in a 12% decline in total daily production in the Gulf, according to offshore drilling contractor Noble.

Obama administration officials have stressed that energy companies must certify they can quickly contain blown-out offshore wells before regulators will approve deep-water drilling...

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