LONDON (Bloomberg) -- BP Plc, almost 50 years after acquiring its first North Sea license, is preparing to start a 700 million-pound ($1.1 billion) project in the region that’s expected to produce oil and gas into the next decade. BP, the second-largest British oil producer, will start production from the Kinnoull field this month, CEO Bob Dudley said at an event in London Oct. 9.
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