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Spill scare hits Oil Search revenue

WHILE there was good progress on the upstream front, Oil Search's crude production in Papua New Guinea fell 26% to 1.33 million barrels of oil equivalent in the September quarter due to an environmental scare at the Kumul marine terminal.

Blair Price
Spill scare hits Oil Search revenue

This fall from the previous quarter was due to several weeks of reduced production as Oil Search contracted a diving support vessel to investigate why a minor oil sheen of up to 8 litres was observed near...

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