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Oil price May Hamper Brazil’s Plans to Open Pre-salt Fields

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The Brazilian parliament has approved a legislation aimed at removing Petrobras’ obligation as sole operator of the country’s pre-salt developments. According to analyst Douglas-Westwood (DW), these ultra-deepwater fields, discovered...

Tullow: TEN Project Over 80% Complete, CAPEX Reduction in 2016

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Tweneboa Enyenra Ntomme (TEN) field, located offshore Ghana, is over 80 percent complete and on schedule for first oil between July and August this...