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ITOCY Itochu Corp (PK)

98.35
2.14 (2.22%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Itochu Corp (PK) USOTC:ITOCY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  2.14 2.22% 98.35 97.94 98.76 99.03 98.145 98.52 29,472 21:02:10

BP To Halt Three Platforms At Azeri Project For Maintenance

28/09/2011 10:33am

Dow Jones News


Itochu (PK) (USOTC:ITOCY)
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U.K. oil major BP PLC (BP) plans to halt work at three platforms at its massive Azeri-Chirag-Gunashli oil project in the Azerbaijani sector of the Caspian Sea for up to 15 days each for maintenance, putting pressure on Azeri exports, BP said late Tuesday.

The planned maintenance of the three platforms is scheduled to start on Oct. 20 and continue for about five weeks, a BP spokeswoman said.

"Production from the East Azeri, West Azeri and Central Azeri platforms will be suspended in a planned sequence to enable efficient maintenance work to be undertaken," she said.

BP is operator of the Azeri-Chirag-Gunashli project, which produced 823,100 barrels a day last year. The consortium also includes Chevron Corp. (CVX), Statoil ASA (STO), Inpex Corp. (1605.TO) and Itochu Corp. (8001.TO).

-By Jacob Gronholt-Pedersen and Aida Sultanova, Dow Jones Newswires; +7 495 232-9197, jacob.pedersen@dowjones.com

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