Tullow withdraws Hyperdynamics FCPA force majeure statement
A BP semi-submersible oil rig of the type typically used in exploratory drilling. (Photo by Andyminicooper at Wikimedia Commons)
Oil and gas exploration company Tullow Guinea has withdrawn a declaration that FCPA investigations of its joint venture partner Hyperdynamics constitute a force majeure event, which would have prevented Tullow from fulfilling its contractual obligations under a joint venture agreement.
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