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Essar Energy sells 50% stake in Vietnam gas block to ENI International

BY  TEAM VCC
The move will give ENI the operator status and bring in capital for further exploration activities in the block.

In order to help manage risk and to focus more on developing its core assets, Essar Energy Plc.’s subsidiary Essar Exploration and Production Ltd., will induct ENI International B.V as an equal partner in its Vietnam’s offshore gas...

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