July 8, 2010
BP is working to fix the leaking oil well in the Gulf of Mexico by 27 July, weeks before its publicly stated deadline.
The company is due to report second-quarter results that day. It hopes to provide more information on its liabilities from the oil spill to shareholders, as well as its initial findings on the causes of the disaster.
BP had previously stated that it hopes to have a fix in place by mid-August. It wants to make progress by 20 July, the day David Cameron is visiting the White House, the Wall Street Journal reported.
“In a perfect world with no interruptions, it’s possible to be ready to stop the well between 20 July and 27 July,” the head of BP’s Gulf Coast restoration unit, managing director Bob Dudley, told the Journal. He added that this “perfect case” is threatened by the hurricane season and is “unlikely”.
BP is drilling two relief wells through which it will pump material designed to seal the blown-out well.
This article was posted: Thursday, July 8, 2010 at 4:14 am