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BHP flags Mexican Gulf operation delay

 
BHP Billiton Ltd, Australia's biggest oil and gas producer, says the $1.16 billion Neptune oil operation in the Gulf of Mexico is facing further delays and cost increases after structural problems with the platform.

BHP Billiton, which holds a 35 per cent interest and operates the project, said additional reinforcement was required in the platform.
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Tuesday 6 May, 2008 11:20 PM
 
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