IN TOO DEEP?
Two key officials of BP Migas resigned. One was forced to step down for failing to meet a national production target, and the other could not face the stench of an unfair tender. Why has the Indonesia Deepwater Development project been suspended?
April 20, 2011
BAD news came from the oil field of Widuri in Java’s northern sea, Thousand Islands, on Monday last week. China National Offshore Oil Corporation (CNOOC), handling the oil field, reported that its Lentera Bangsa crude oil-collecting vessel was damaged, with a leak in the heating coil. As a result, the oil in the ship with a capacity of 700,000 barrels hardened into asphalt. The vessel could no longer be used to carry Widuri’s production.
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