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...Nigeria is Africa’s biggest oil producer, churning out about 1.7m barrels a day from pumps far offshore in the Gulf of Guinea or deep in the swamps of the Niger Delta....
...It is one of seven offshore platforms in the Gulf of Mexico — out of the 20 Shell operates globally....
...offshore projects, such as Royal Dutch Shell’s Vito deepwater project in the Gulf of Mexico, Kepler said....
...the president of Equatorial Guinea, Teodoro Obiang....
...The prospect of further falls has helped send shares in Transocean, one of the largest rig operators, down 20 per cent in the past 12 months....
...When Transocean’s Deepwater Horizon rig caught fire and sank in the Gulf of Mexico in April 2010, one of the consequences was that it highlighted the daunting challenges of modern offshore oil exploration...
...drilling Transocean, the world’s largest offshore oil driller, has been served with a preliminary injunction in Brazil, forcing the company to stop operations in the country within 30 days over an oil spill...
...Brazil’s vast offshore reserves....
...Shares in BP rose on Friday after the UK oil group announced that one of its minority partners in the Macondo well that ruptured in last year’s Gulf of Mexico accident had agreed to pay a part of the cost...
...Transocean , the owner of the Deepwater Horizon rig, fell 3.4 per cent to SFr67.45 on news of the lawsuit....
...hinge on Gulf of Mexico drilling....
...have limited the impact of a deepwater blowout....
...One of the flagships of its owner, Transocean, the world’s largest offshore drilling contractor, it had repeatedly proved its worth to BP, helping it discover another large field, Kaskida, in 2006....
...Over the last few years, China has been investing heavily in Africa’s Gulf of Guinea coastline, widely seen as one of the world’s oil exploration hotspots....
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