OIL

Turning on the taps again

TAP Oil is well advanced in securing a $50 million debt facility for the Manora oil field development in the northern Gulf of Thailand that will let the company re-enter the producers club in early 2014.

Turning on the taps again

Yesterday Tap and its partners made a $US246 million ($A240 million) final investment decision on the Manora development. Tap believes the development, which includes a single wellhead platform linked...

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