French Oil Company takes Angolan offshore stake

French Oil Company takes Angolan offshore stake

French Oil Company takes Angolan offshore stake

French oil and gas company Maurel & Prom (M&P) has acquired a 20% interest worth USD 80 million in two offshore Angolan oil blocks from Angola Japan Oil Co (AJOCO), expanding its existing presence in the country.

For more information, please see https://www.africanlawbusiness.com/news/9997-french-oil-company-takes-angolan-offshore-stake

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