JUNEAU, Alaska - BP PLC is suspending construction of a huge oil rig off Alaska's coast to review its engineering and design plans and ensure the Liberty project can be ...

With drilling plans halted last year pending an equipment review, when will BP reach its Liberty offshore oil prospect in Alaska's Arctic? Around the same time the Deepwater Horizon drilling rig ...

Houston's Parker Drilling Co. said Tuesday it won a contract with BP to operate and maintain a land drilling rig on Alaska's North Slope that Parker says is the world's most powerful and soon will ...

SUPERMAJOR BP has halted work on a massive land rig destined to drill at its $1.5 billion Liberty project on Alaska’s North Slope, writes Blake Wright.

BP PLC plans to add $1 billion in new investment and two drilling rigs to its Alaska North Slope fields over the next 5 years. Executives attributed the increased investment to ...

BP has suspended work on its high-profile Liberty project on the Alaska coast as cost and time overruns made the proposed extended-reach oil development unprofitable, writes Noah Brenner.

Oil drilling contractor Parker Drilling Co. secures a two-year operations and maintenance contract for BP's Liberty rig. It is the third contract Parker has landed with BP in developing the ...

NEW ORLEANS (CN) – Cameron International, which made the failed blowout preventer on the Deepwater Horizon oil rig, claims an insurer tried to hold its settlement negotiations with BP “hostage” by ...

The Liberty project is the newest addition to our Alaskan operation, which also includes two Parker-owned newbuild land rigs for the development drilling program for BP on the North Slope ...

BP PLC is suspending construction of a huge oil rig off Alaska's coast to review its engineering and design plans and ensure the Liberty project can be done safely, The Associated Press reports.

JUNEAU, Alaska (AP) - BP PLC is suspending construction of a huge oil rig off Alaska's coast to review its engineering and design plans and ensure the Liberty project can ...