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By News Wires
24 November 2010 15:38 GMT
Azerbaijan said today it had found at least 200 billion cubic metres of gas at the Umid field in the Caspian Sea, describing it as the largest discovery since the giant Shah Deniz deposit.
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Privately held US player Samson Energy plans to sell off its deep-water oil and gas business, a portfolio that includes stakes in a number of high-profile Gulf of Mexico discoveries and prospects.
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