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In April 2004, the extension area north of block 5 was included to the production sharing agreement. Inauguration of new offshore facilities took place on 23 February 2005. [5] In May 2008, Maersk Oil drilled the world record extended reach well BD-04A in the field with the GSF Rig 127 operated by Transocean. The well was drilled incident free ...
Production sharing agreements can be beneficial to governments of countries that lack the expertise and/or capital to develop their resources and wish to attract foreign companies to do so. They can be very profitable agreements for the oil companies involved, but often involve considerable risk.
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In 1950, a fifty-fifty profit-sharing agreement was signed, whereby a tax was levied by the government. This tax considerably increased government revenues. The government continued this trend well into the ‘80s.
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What full-coverage car insurance includes. A full-coverage auto insurance policy combines three key protections — liability, comprehensive and collision coverage — into one complete package.
Heavy water is a form of water that contains a larger than normal amount of the hydrogen isotope deuterium, also known as heavy hydrogen, rather than the common hydrogen-1 isotope that makes up most of the hydrogen in ordinary water. [1] Deuterium was discovered by Harold Urey in 1931 and he was later able to concentrate it in water. [2]
On Thursday night, the Arkansas State Red Wolves defeated the Bowling Green Falcons in the 68 Ventures Bowl 38 to 31.
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