BP Starts Production From a New Deep Water Project

“LONDON (Reuters) – Oil major BP said oil had started pumping from a new project in deepwater in the Gulf of Mexico, its first newdevelopment to come onstream since the Macondo disaster in 2010 caused the largest offshore spill in U.S. history.

BP said on Tuesday the Galapagos development started initial production earlier in June, with oil flowing to a nearby platform 140 miles south east of New Orleans in water depths of 6,500 feet.

The Galapagos project was named by BP as one of a handful of major projects which will help demonstrate its return to work in the Gulf of Mexico, where it is the largest producer of oil and gas in a region which is key to its future, despite the oil spill at its deepwater Macondo well two years ago.”

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