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Oil and Gas Technology

Oil & Gas Tecnology Update, News, reports...

Friday, August 3, 2007



BP SAID it was committed to North Sea oil production despite what it said was the "terminal decline" of the fields, as it also said more favourable tax treatment from the government would be welcome.
It came as new BP chief executive Tony Hayward revealed that second-quarter underlying profits fell 1 per cent to $6.09 billion (£2.95bn) as refineries such as Thunderhorse in the Gulf of Mexico were out of action.
Detail : Scotsman

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posted by Webworm, 10:04 PM

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