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The $9-billion Mad Dog Phase 2 project extends the life of the prolific Mad Dog oil field discovered in 1998, and is located 200 km off the coast of Louisiana in the US.
BP <BP.L> is reviewing its biggest new oil project in the Gulf of Mexico, due to rising development costs across the industry, and could delay the $10 billion (6.5 billion pounds) scheme.
In the statement, Woodside CEO Meg O’Neill said production start-up from Mad Dog Phase 2 demonstrates the ongoing value being delivered by Woodside’s merger with BHP’s petroleum business in ...
British oil major BP Plc. <BP.L> said it restarted over the weekend its 50,000 barrel per day Mad Dog oil field in the Gulf of Mexico.
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