BP Starts Production at Massive North Sea Oil Development

BP Starts Production at Massive North Sea Oil Development https://images.wsj.net/im-38483/social

BP Starts Production at Massive North Sea Oil Development






BP PLC has begun production from one of the U.K.’s biggest new oil developments in decades, the company said Friday, completing a project seven years and billions of dollars in the making.

The huge Clair Ridge project, located in the Atlantic Ocean, will give a boost to the U.K.’s oil sector, where production peaked around 2000 before going into years of decline.

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