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Archive for March 5th, 2008

BP to Remain in Sakhalin Project

BP PLC will remain in the Sakhalin project in Russia despite the joint venture's decision to temporarily stop drilling work on the gas fields.
BP is exploring the area through Elvaryneftegas, in which it owns a 49 % stake. Rosneft, the Russian oil group, owns the remaining 51%.

Wednesday, March 5th, 2008

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