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BP chief vows to invest in North Sea projects

THE chief executive of BP has underlined the company's enthusiasm for the North Sea and said recent tax changes could help ensure the area remains an important oil and gas province for years to come.

After BP announced strong third quarter results, Bob Dudley said the North Sea is one of four key areas in which it will invest heavily as it looks to overcome the disastrous Gulf of Mexico spill in 2010.

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