Lauren Parkerway

Savannah, PETRONAS end ExxonMobil assets acquisition deal

Savannah Energy Plc has said it has terminated the Shares Purchasing Agreement it earlier entered into with PETRONAS to acquire ExxonMobil’s upstream and midstream asset portfolio in Chad and Cameroon. In a statement on Wednesday, the two firms said completion of the proposed acquisition remained subject to satisfaction of certain conditions which were yet to

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