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Oil Search CEO suffers $US1m pay cut

2016-04-08 04:16:43| Oil & Gas - Topix.net

Oil Search boss Peter Botten's annual pay packet has slimmed by about $US1 million as the company swung to an annual loss in 2015 amid plunging oil prices. The managing director of the operator of the massive Papua New Guinea LNG project received remuneration worth $US4.69 million in 2015, down from $US5.7 million in 2014, the company's annual report shows.

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