Devon’s EG deal highlights GEPetrol’s advance in the islands
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Issue 140
- 07 Jun 2008
| 4 minute read
Devon Energy’s 3 June announcement confirming the completion of a $2.2bn deal for the sale of its assets in Equatorial Guinea represents a watershed for both parties, allowing the Oklahoma-based vendor to refocus its international E&P operations and the Malabo authorities to consolidate in the development of their domestic energy industry.
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