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Cobalt and Total announce significant North Platte deepwater Gulf of Mexico discovery

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Cobalt International Energy, Inc., an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico.

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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

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Meanwhile, OPEC added a new member in July—Gabon—and next month Nigeria’s Mohammed Barkindo will take over as the group’s secretary general. An internal state-owned PDVSA report seen by S&P Global Platts also showed a steep fall in oil output. In addition, domestic refining also picked up.