BP gets go-ahead for £4.5bn North Sea oil field | Business | guardian.co.uk
►http://www.guardian.co.uk/business/2011/oct/13/bp-north-sea-oil-field-shetland-islands
The second phase of the giant Clair field, west of the Shetland Islands, forms part of £10bn being spent on four projects by BP and its partners from Shell, ConocoPhillips and Chevron over the next five years.
At £4bn, BP’s involvement represents the highest level of annual investment the company has made in the UK North Sea.