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Technical mistakes are delaying the company's huge Thunder Horse deepwater project in the Gulf of Mexico.
FORBES: Pipeline Perils
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In 2005 BP's Thunder Horse production platform in the Gulf experienced equipment problems that required high repair costs and set back production for three years.
FORBES
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Its Thunder Horse platform faced years of delays.
FORBES: BP Oil Spill Investigation Will Focus On Blowout Preventers
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Browne was no doubt referring to last year's temporary closure of some operations at the Prudhoe Bay oil field in Alaska, delays to the opening of BP's Thunder Horse platform in the Gulf of Mexico, and problems stemming from the 2005 explosion at a Texas refinery that killed 15 BP employees.
FORBES: BP Loses Steam