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Equinor, SOCAR discover oil in Caspian Sea

Norway’s Equinor and the State Oil Company of the Azerbaijan Republic (SOCAR) have confirmed their discovery of the Karabagh oil field offshore Azerbaijan, in the Caspian Sea.

Uganda about to seal oil deal with Total

According to an Upstream Commissioner at Uganda’s Energy Ministry, the country is close to an agreement with France’s Total and its partners in the Lake Albert oil project that will solve the stand-off over maiden oil production in the nation.
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