BP shrinking Gulf of Mexico operations; to focus on two platforms

BP PLC has pulled back on several big projects in the Gulf of Mexico and will focus on bringing two of its more important pro


BP will be concentrating on the Atlantis and Thunder Horse regions – among the world’s biggest platforms and underwater structures. BP has been forced to delay both projects several times, and their falling further behind schedule would be damaging to the U.K. oil giant, the FT reported.