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Supermajor takes over Timis Corporation stake in Saint Louis Deep and Cayar Deep blocks
Chinese partner's investment approval set to spur development for Mozambique scheme
Developer sees a phased approach as best route, and main demand set to come from North America
Government makes fresh attempt to award licences following breakdown of talks with foreign players including Total and Tullow Oil
US-based player expecting approval soon for drilling in Western Senegal concession
Drilling campaign in Tanzania is lined up to prove large reservoir of key gas used by industry