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CAO appraisal for audit of IFC on Jubilee Fields
Written by CAO Monday, 18 July 2011 12:14
In light of the April 2010 Macondo well blow out and oil spill events in the Gulf of Mexico, the CAO vice President initiated an investigation to assess IFC's procedures and standards when appraising investments in deepwater offshore oil and gas exploration projects.
As of September 2010, IFC was involved in deepwater offshore oil and gas development of the development of the Jubilee Field in the waters offshore of Ghana.
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