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Oil Search back in profit as prices recover from COVID-19 crash – Sydney Morning Herald

Oil Search is recovering from the depths of last year’s oil price crash and closing in on a $22 billion merger with Santos.

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Oil Search, one of Australias largest listed energy producers, has returned to profit as it recovers from the depths of the COVID-19 oil price crash and edges closer to sealing a $22 billion deal to merge with larger rival Santos.
After coronavirus lockdowns…

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