August 27 message, bp BP plans to start the second half in Vietnam and Norway oil drilling project, its business throughout Europe, Asia and Africa. The London-based company reported a BP oil prices due to lower first-half profit fell 62%. Net profit fell to 26.9 million U.S. dollars, or 26.2 cents per share, compared to 71.2 million U.S. dollars, or 70.4 cents, while sales fell 45% to 213.9 million U.S. dollars.
Bp are investing in Indonesia and Vietnam, to the medium-term increase production about 7.5 million barrels. Output growth of 4% to the first half to reach 39.7 thousand barrels of oil equivalent, a year earlier at 3.8 million barrels of oil equivalent. To London time, 8:51, Bp oil prices fell 4.4% to 1,253 pence. This year, shares have risen 56%.
Simon Lockett, CEO and chief financial officer Tony Durrant said in a joint telephone interview that the company is considering the acquisition, Premier Lockett commented in a statement that "prompt action this year to use high-quality acquisition opportunities."
May Bp Oil Company completed the acquisition of the British Oilexco North Sea Limited, from Delek Energy Systems Ltd. of Vietnam maritime projects receive a 25% interest, and said there is sufficient cash to finance the development and any further purchases. Unexpended by the end of June the company's cash resources and bank loans amounting to approximately 50 billion U.S. dollars, the first half of this year, operating cash flow fell from 191.1 million U.S. dollars to 113.4 million U.S. dollars.
Aug. 29, 2009
