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Tap Oil Limited has reached a deal with the operator of the Manora oil development in Thailand

stander
stander
in Oil, Gas and Energy News

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Tap Oil Limited has reached a deal with the operator of the Manora oil development in Thailand, Mubadala Petroleum, for the settlement of the final capital costs of the Manora field facilities.


On March 2, 2015, Tap announced an unexpected capital expenditure increase of $28 million ($8.4 million Tap share) for the construction of the Manora oil facilities relating to delays in hookup, commissioning and contractor claim


http://www.offshoreenergytoday.com/tap-oil-settles-dispute-with-mubadala/?utm_source=emark&utm_medium=email&utm_campaign=daily-update-offshore-energy-today-2016-01-18&uid=217924


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