Removing this Bottom Bracket??
 

How will i go about removing this bottom bracket and which tools will i need??

http://i206.photobucket.com/albums/b...6/IMG_7329.jpg
http://i206.photobucket.com/albums/b...6/IMG_7330.jpg

lockring spanner, and a large wrench that will grab the flats on the fixed cup.

If you lack a lockring spanner, I've had good luck with a large channel lock wrench on the lockring. Keep in mind that the cup on the drive side is probably left-hand threaded.

Looking at the rust, dynamite might be a good alternative;) All kidding aside, this is gonna be a tough one. Use some penetrating oil and you may need a hammer to pound on the tool. Don't worry about the bottom bracket. This removal should be sacrificial. You can get a sealed unit for next to nothing to replace it.

Check out Sheldon's tool for the drive side cup.

Y'all forgot the PB Blaster and maybe a propane blow torch.