BP faces a race against the clock to bring onstream first production from its troubled Skarv...

|About: BP p.l.c. (BP)|By:, SA News Editor
BP faces a race against the clock to bring onstream first production from its troubled Skarv field project in the Norwegian Sea by the end of the year. Difficult weather conditions continue to dog final preparation and testing work being carried out ahead of a rescheduled start-up; Skarv production originally was scheduled for Aug. 2011, and BP now faces cost overruns of ~$2B.