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EXPLORATION

BP discovery in GOM

BP says it has made a 1 billion barrel oil discovery at its Thunder Horse field, prompting the oil giant to renew its upstream focus in the Gulf of Mexico and invest a further US$1.3 billion in field development in the region.

Paul Hunt
BP discovery in GOM

  The massive discovery is just one of several the company recently made in the GOM and is attributed to BP's use of new technology and advanced seismic and data processing, which the company said has...

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