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Insurers pay Tullow US$80m as compensation for defects on Jubilee FPSO

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The US$80million claims, although not sufficient, will cushion the losses suffered by Tullow Tullow Oil Ghana Limited, a Jubilee Field operator, has received a total of US$80 million as insurance claims for the drop in oil and gas production and other commercial losses suffered by the company in 2016. The losses were due to the ...

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