Friday, May 12, 2017

CORRECTED-US oil firm Cobalt files for arbitration against Angola for $2 bln

LONDON, May 12 (Reuters) - U.S. oil firm Cobalt said it had filed requests for arbitration seeking more than $2 billion from Angola's state-run Sonangol after the two failed to reach an agreement on licence deadline extensions on two deepwater blocks, company filings showed this week.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News

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