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EXPLORATION

Talisman Sinopec cancels rig

TALISMAN Sinopec Energy stands to pay out $US34 million ($A42.1 million) to $43 million to drilli...

Andrew Snelling

The two-year contract, struck last March, was to mark the first time the Archer Emerald rig was used on the UK continental shelf, and was valued at $96 million. The contract was scheduled to start in...

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