BP delays plans for deepwater drilling off Libya

08/23/2010
BP PLC has delayed the launch of its deepwater exploration for oil off Libya for an unspecified period of time in an effort to ensure that its plans are in order."We are being thorough and making sure everything is in order before we start," said company spokesman Robert Wine, who explained that the delay was occasioned by the need to check and test plans and equipment for the venture.The statement reversed earlier ones by BP officials. "We expect to begin the first well in the next few weeks," said BP company spokesman David Nicholas in early July of the 2007 agreement with Libya to explore the Gulf of Sirte.Libya's National Oil Co. Chairman Shokri Ghanem defended the...
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