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Already, China National Petroleum Corp and India's Oil and Natural Gas Corp run several exploration and development operations in Syria.
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Economic considerations and concern over management of mining operations, however, have slowed exploration and development of underwater mining technology.
Angola, the fourth-biggest diamond producing country by value, is relaxing restrictions to exploration and development after producers, including South African giant De Beers, cut back operations in the country during the global financial crisis.
The deal represents the latest move by Exxon and other major oil companies to shift their focus from refining operations to higher-margin businesses like exploration and development of new sources of oil and natural gas.
Exploration and development for offshore gas will also continue.
Halliburton's operations are directly affected by many of Interior's policies, including rules on how oil and gas drilling must be conducted, and which public lands and federal waters are open to energy exploration and development.
Upon its formation, Pemex carried on a vigorous exploration program, sinking hundreds of exploration and development wells per year.
It affects shipping, and oil and gas exploration and development.
Exploration and development of the field is thus a challenge.
I agree that exploration and development must be planned, monitored and mitigated with great care.
Mr. de Margerie defended the profits as the fuel for further exploration and development.
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