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Deals this week: Hibiscus Petroleum, Airborne Oil & Gas BV

2016-10-14 01:00:00| Offshore Technology

Hibiscus Petroleum Bhd has agreed to acquire a 50% stake in the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (PSC) in the South China Sea, from Sabah Shell Petroleum Company Limited (SSPC) and Shell Sabah Selatan Sdn Bhd (SSS).

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