BP to develop new field in north Atlantic
by The Associated Press
BP PLC said Oct. 17 it will spend 650 million pounds ($950 million) developing a new oil and gas field in the north Atlantic.
The company said development of the Clair field, 50 miles (75 kilometers) west of the Shetland Isles, could yield up to 5 billion barrels of oil, creating up to 900 jobs.
T....
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