BP Plc (NYSE: BP), a London supermajor with North American - TopicsExpress

BP Plc (NYSE: BP), a London supermajor with North American headquarters in Houston, is also among the companies with plans to invest billions in offshore Angola wells next year, Bloomberg reported. The law is part of a tax reform package passed in 2010 to increase revenue and streamline taxes. The country, second only to Nigeria for oil production, produced more than 1.7 million barrels of oil per day, according to Bloomberg.

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