Dec 12, 2010

BP To Delay Libya Offshore Drilling To 2011 With New Rig



BP PLC Friday said it will delay its plans to drill offshore Libya until next year, citing a decision not to use its original drill rig for "operational reasons."
"We're changing the rig," a company spokeswoman told Dow Jones Newswires. "Current plans are to begin drilling onshore and offshore in 2011."  Libya's top oil official previously said BP was expected to begin drilling last month.
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Source: Fox Business

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