Friday, July 23, 2010

BP (NYSE:BP), Exxon (NYSE:XOM), Anadarko (NYSE:APC), Shell (NYSE:RDS-a), Chevron (NYSE:CVX), Marathon Oil (NYSE:MRO) Pulling Workers from Gulf

With Tropical Storm Bonnie due to hit the Gulf region Saturday, BP (NYSE:BP), Exxon (NYSE:XOM), Anadarko (NYSE:APC), Shell (NYSE:RDS-a), Chevron (NYSE:CVX) and Marathon Oil (NYSE:MRO) are pulling all non-essential workers from the area.

In the case of BP, that will interrupt the drilling of the relief well, which is close to being completed, and operations to permanently seal the Macando oil well near at hand.

The containment cap will remain in place, although monitoring of it will be put on hold. It seems to have held solidly, and shouldn't pose a problem while the storm passes through the area.

If it picks up in strength, which is possible when it hits the warmer waters, more workers could be evacuated from the Gulf.

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