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Exploration

PetroChina Co told a federal judge in Texas that their submission to arbitration in an African oil field dispute is worth potentially US$1bn settles the only purpose of Carlton Energy Group LLCs lawsuit, despite Carltons request for further action from the court, according to Law360

Lekoil Oil and Gas Investments Limited has agreed an advance payment facility with Shell Western Supply and Trading Limited

BP announced on 27 March that it had made another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt

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