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Detailed text transcripts for TV channel - FOXNEWS - 20100711:03:22:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100711:03:22:00

Drilling is very big, something like a $900 million project. it's a big contract. >> bp said waits 2000 -- equivalent of 2000 blocks exploration blocks in the gulf of mexico. >> these are oil blocks off the coast. libya doesn't have -- libyan oil company doesn't have technology to explore. they need a big western oil company that can do the kind of deep-water drilling. the question is how did bp gets he itself to get these contracts? >> that is the question. the british deny any qid pro quo. bp denies it, i'm sure. what is the evidence? >> this -- look. in 2004, when came in the fr the cold. g...

Detailed text transcripts for TV channel - FOXNEWS - 20100710:18:22:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100710:18:22:00

>> paul: let's take this in turn. off shore in libya, 900 million dollar project. bp said it was something like, equivalent of 2000 blocks, exploration blocks in the gulf of mexico. >> oh, it's absolutely enormous because these are oil blocks right off the coast which libya itself doesn't have to take-- the libyan oil company doesn't have the technology to explore, but they need a big western oil company who can do the deep water drilling. the question, how did bp get itself to get these contracts. >> paul: that's the question, because the british deny any quid pro quo between the release of m...