The crude oil prices are coming back on a “normal” level these days, the economical situation in Europe is in a phase of waiting how the new 440 billion Euros will stabilise the continent’s economy and Libya is getting online again, even if just in small steps.
In the mean time, the British combine BP announced a schedule about opening four new oil- and gas plants in the North Sea.
This should bring in the next 5 years investments of 10 billions of GBP’s for the British industry. With this step, BP is securing himself the leading role of crude oil production in the North Sea for the next decades.
All this is part of the Clair Ridge-Project, in which are also other companies included, such like Royal Dutch Shell plc, ConocoPhillips or the American Chevron Corp.
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