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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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Maintenance of the field is expected, resulting in a shut-down of production—something that has been confirmed by Sadad Al Husseini, former VP Aramco. Between 2012 and 2016, Maersk had been working on field development, slated to have cost $1.5 billion, to sustain output at current levels.

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