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2007, BP invested US$80 million to build a 1,280 - kilometer fiber optic loop cable, linking its deepwater projects in the Gulf and the Advanced Collaboration Environment Center (ACE Center) in Houston. Thus, for the first time, every offshore production unit is able to keep uninterrupted links with BP's deepwater headquarter in the US.
BP today announced a transaction that will deliver a material exploration position in the deepwater offshore Brazil and significantly enhance its position in core strategic areas.
BP began deepwater Gulf of Mexico operations in the mid 1980s and is currently the largest producer in the Gulf of Mexico. BP is also the leading explorer in the Gulf region, with BP's findings representing over 30 percent of all the large fields discovered in the last decade. Today, BP explores and produces oil and gas from over twenty fields, including BP operated facilities at Pompano (1994), Marlin (2000), Horn Mountain (2002), Na Kika (2003), Holstein (2004), Mad Dog (2005), Atlantis (2007) and Thunder Horse (2008), with Mad Dog, Atlantis and Thunder Horse being among the giant oil and gas fields.
For many people the word "Atlantis" will conjure up thoughts of the legendary Greek isle, yet there is nothing ancient or mythical about BP's Atlantis project. Following the discovery of the oil and gas field in 1998, BP’s most skilled engineering team successfully operated at a water depth of 7,074 feet (2,156 meters), a record which had been kept for a long period of time.
TextJALREZ VALLEY, Afghanistan — In this Taliban stronghold in the mountains south of Kabul, the U.S. Army is providing the security that will enable China to exploit one of the world's largest unexploited deposits of copper, earn tens of billions of dollars and feed its voracious appetite for raw materials.
U.S. troops set up bases last month along a dirt track that a Chinese firm is paving as part of a $3 billion project to gain access to the Aynak copper reserves. Some troops made camp outside a compound built for the Chinese road crews, who are about to return from winter break. American forces also have expanded their presence in neighboring Logar province, where the Aynak deposit is.
The President shall direct all Federal, State, and private actions to remove a discharge or mitigate or prevent the threat of a discharge from onshore or offshore facilities which is determined to be a substantial threat to the public health or welfare of the United States.—Clean Water Act 311 (c) (2) (Link)
There are a lot of “heavy hitters” surrounding the CCX—Goldman Sachs, Al Gore, BP, George Soros, to name just a few. And there are a number of possible culprits directly responsible for the oil spill: BP, Halliburton, Cameron, Boots and Coots, Transocean…. (Link)
I’m not suggesting that any of these companies, as such, committed an act of war against the United States. Nor do I believe that any individual country was behind the oil spill.
I believe that certain elements, certain individuals, within the companies connected with the Deepwater Horizon, are responsible for the disaster, but who those individuals actually represent, is much larger than any company.
(“Oil spill,” by the way, has become a euphemism for what, if several scientists and oil-field professionals are correct, will soon become a disastrous catastrophic-failure around the blown BP wellhead. In such an event, “you ain’t seen nothin’ yet.” The resulting gusher will dwarf what has happened to date. Check out the oilfield website “Oil Drum” for a more in-depth look [pun noted]). (Link)