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German company signs for offshore oil exploration

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Hamburg / Paramaribo – German natural gas and crude oil exploration/ production company RWE Dea, on Wednesday announced that it has signed a farm-in agreement with PETRONAS Suriname E&P BV (“PETRONAS Suriname”), acquiring a 40% interest in the license Block 52 off the coast of Suriname. RWE Dea said it the move “will secure entry [...]

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