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ChevronTexaco confirms partner agreement on Nigeria deepwater block OPL 216
ChevronTexaco has reached an agreement with the Nigerian National Petroleum Corp., Famfa Oil Ltd.; ChevronTexaco affiliate, Star Deep Water Petroleum Ltd.; and Petroleo Brasiliero Nigeria Ltd. that will govern future operations on the petroleum concession covered by OPL 216, offshore Nigeria. The agreement clears the way for planned activities toward the development of the Agbami field, offshore Nigeria.