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Court Orders Oil Giant Eni to pay 30% revenue into escrow Account

Ghana moved one step closer today to developing a major deepwater oil discovery, operated by an independent African company, Springfield Exploration & Production Limited (SEP), the Operator of the offshore West Cape Three Points Block 2 (WCTP 2).  Today, a Commercial High Court sitting in Accra, ruled in favour of SEP’s application to freeze 30% …


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