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Oil Search farms down, increases stake in PNG permits

OIL Search has cut back its interest in four exploration licences in Papua New Guinea while at th...

Marija Stojkovic

Japan's Nippon Oil Corporation, which acquired AGL Energy's interest in the PNG liquefied nature gas project last year, has take up 10-20% of Oil Search's interest in PPLs 219, 234, 239 and 244. The...

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