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Nigerias Oil Regulator Revokes Four Addax Field Licenses

2021-04-08 16:36:11| OGI

Department of Petroleum Resources director Sarki Auwalu said in a post on the DPR website that Addaxwas not developing the assets sufficiently.

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Bahrain Due to Start Drilling Wells in Offshore Shale Oil Field in Late 2022

2021-04-08 14:59:01| OGI

The Khaleej al-Bahrain field is estimated to contain at least 80 billion barrels of tight (shale) oil.

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CNOOC Starts Production at Caofeidian 6-4 Oil Field in Bohai Sea

2021-03-15 14:01:05| OGI

The project is expected to reach peak production of about 15,000 barrels of crude oil per day in 2023, according to the company statement.

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India Government May Give Cairn Energy Oil Field In Lieu Of Arbitration Award

2021-02-01 16:34:20| OGI

In December, Cairn was awarded $1.2 billion plus interests and costs in an international arbitration case against the Indian government over a tax dispute.

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Rosneft Buys Huge Oil Field in Russian Arctic

2020-12-28 19:10:00| OGI

In a regulatory disclosure, Rosneft said it had bought Taymyrneftegaz, the company controlled by Rosneft's ex-chief Eduard Khudainatov which owns the huge Payakha oil field, for an undisclosed sum.

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