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ASIA

An end to Ophir

OCTANEX has been forced to suspend its wells at the Ophir field and has begun talks on terminating its risk services contract with Malaysian state oiler Petronas. 

Helen Clark
Octanex out of troubled Ophir field

Octanex out of troubled Ophir field

Ophir Production, which Octanex has a 50% share in, developed the field with Petronas as resource owner and principal.    It is a joint venture between Octanex (50%), Scomi (30%) and Vestigo Petroleum...

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