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Statoil 'backpedals' in Angola block

Statoil is reportedly pulling out of a controversial partnership with local player Somoil in a production block off Angola amid concerns over possible corruption.

Green light: for Statoil block exit from government in Luanda, where Somoil is based
Green light: for Statoil block exit from government in Luanda, where Somoil is based
  • Steve Marshall and news reports
Published 31 March 2016, 13:53Updated 18 October 2016, 05:02
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