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The Sonangol EP and Cobalt International Energy, Inc have signed an agreement to resolve all disputes between the two companies, including transferring Cobalt’s interests in Blocks 20 and 21 offshore Angola to Sonangol for US$500mn

The global oil storage market is expected to reach US$17.22bn at a compound annual growth rate (CAGR) of 4.2 per cent from 2017 to 2023, mainly due to burgeoning investments by major market players, according to Transparency Market Research (TMR)

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