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November 2, 2010

BP Posts $1.79B Quarterly Profit; Firm that Certified Rig Hired to Inspect Blowout Preventer
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The oil giant BP has posted its first profit since the April 20th oil
spill set off one of the worst environmental disasters in US history.
Earlier today, BP reported a third-quarter profit of $1.79 billion. The
news comes as the Interior Department is under criticism for hiring a
Norwegian firm that certified the safety measures aboard the Deepwater
Horizon to now inspect the device that failed to prevent the spill. The
firm, DNV, has received a $1.3 million contract to study the blowout
preventer aboard the rig. DNV certified the Deepwater Horizon’s safety
procedures and its blowout preventer in 2007 and 2009.



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