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Exploration & Production

ARAWAK HAS RESUMED oil production at its four operated fields in Kazakhstan. Arawak announced on December 5, 2008 that it had curtailed production at the fields following a significant deterioration in margins owing to high taxation and a material decline in world oil prices.

p>ARAWAK HAS RESUMED oil production at its four operated fields in Kazakhstan. Arawak announced on December 5, 2008 that it had curtailed production at the fields following a significant deterioration in margins owing to high taxation and a material decline in world oil prices.