10JAN2019 - NEWS - Oil major BP discovers two new oilfields in the Gulf of Mexico with the help of new seismic technology

BP has recently discovered two new oilfields in the Gulf of Mexico and has identified an additional billion barrels of oil at an existing field thanks to new seismic technology. The British company, which has only recently turned a corner following the deadly 2010 Deepwater Horizon spill, also on Tuesday announced plans to expand production at its Atlantis oilfield in the Gulf of Mexico, consolidating its status as the largest oil producer in that region. Together with the new discoveries, BP aims to grow its Gulf of Mexico production from over 300,000 boed at present to 400,000 boed by the mid 2020s.

Published by Editor - www.Livebunkers.com at 10-Jan-2019 06:03:40 [UTC] , contact editor at editor@livebunkers.com