BP Suspends Construction of Liberty Rig in Alaska
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BP Plc, the largest producer of oil and natural gas in the U.S., suspended construction of a drilling rig at its Liberty project in Alaska to “take time to evaluate the safety systems” on the rig, Steve Rinehart, a company spokesman, said in a telephone interview.
BP’s Liberty project, estimated to cost more than $1 billion, is designed to tap a field in the Beaufort Sea estimated at more than 100 million barrels, according to the project website.