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BP just one million away from billion-dollar deficit

The British oil company fell short of analyst expectations in the fourth quarter and delivered the worst underlying result for the company in ten years.

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Statoil awards oil contracts worth billions

Oil company Statoil has awarded three contracts to three different suppliers valued at a total NOK 8 billion. One of the agreements goes to Aker Solutions, which recently landed a large contract with Maersk Drilling.

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