Tuesday, 11 September 2012 20:01

BP selling oil fields in Gulf of Mexico

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" On completion of the transaction, BP will continue to operate four large production platforms in the region – Thunder Horse, Atlantis, Mad Dog and Na Kika – and hold interests in three non-operated hubs – Mars, Ursa and Great White.

Analysts calculate that BP faces a fine of up to $20bn under the clean water act for the Deepwater Horizon disaster. The blowout killed 11 workers and pumped about 4.9m barrels of oil into the Gulf."

Guardian UK article

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