Two conflicting events placed BHP Billiton Ltd (NYSE:BHP) on a delicate ground this week. On the positive, the company received funding approval for a spar facility project. Undermining the optimism was the closure of its Norwich Park coal mine.
Yesterday, BHP Billiton announced the approval of US$708 million initial funding for Mad Dog Phase 2 project in the deepwater Gulf of Mexico. The pre-commitment funding will facilitate detailed engineering and the procurement of hull, topsides and subsea … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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