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Savannah to buy Petronas’ South Sudan oil and gas assets for $1.25bn

This post was originally published on this siteSavannah Energy has signed an agreement to acquire Malaysia’s state energy firm Petronas’ entire oil and gas business in South Sudan for a total consideration of up to $1.25bn in cash. Under the share purchase agreement (SPA), Savannah will purchase Petronas’ subsidiary Petronas Carigali Nile Limited (PCNL). Savannah

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