ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

BP BP Plc

39.45
-0.17 (-0.43%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BP Plc NYSE:BP NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.17 -0.43% 39.45 39.60 39.11 39.52 6,807,166 01:00:00

BP Monitoring North Sea Oil Spill -- 2nd Update

03/10/2016 6:10pm

Dow Jones News


BP (NYSE:BP)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more BP Charts.
By Sarah Kent 

LONDON -- BP PLC is monitoring a spill in the North Sea after a technical problem on a remote platform caused a leak and forced the company to shut down production on Sunday.

The company said the leak from the Clair platform was the result of an issue with the system designed to separate water, oil and gas and lasted for an hour after the problem was detected. It estimated that about 95 tons of oil had spilled into the sea.

The company said it is working with Oil Spill Response Limited and the U.K.'s Department for Business, Energy and Industrial Strategy to assess the potential environmental impact and agree on the best way to respond.

"At present, it is considered that the most appropriate response is to allow the oil to disperse naturally at sea, but contingencies for other action are being prepared," BP said. "The most recent surveillance flight already indicates significant dispersal of the oil at the surface."

A spokesman for BEIS said the department is working closely with BP and the Maritime and Coastguard Agency to resolve the incident. "Safety is the government's number one priority," the spokesman said in an emailed statement.

The Clair platform is located 75 kilometers west of the Shetland Islands. The company said the spill seems to be moving away from land at the moment.

Write to Sarah Kent at sarah.kent@wsj.com

 

(END) Dow Jones Newswires

October 03, 2016 12:55 ET (16:55 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

1 Year BP Chart

1 Year BP Chart

1 Month BP Chart

1 Month BP Chart

Your Recent History

Delayed Upgrade Clock