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Côte d'Ivoire: Petrobras Secures 90% Stake in 8 Offshore Blocks
Côte d'Ivoire·Wire Summary⏱️ 1 min read
[Daba Finance] Brazil's Petrobras has signed production-sharing contracts for 8 offshore exploration blocks in Côte d'Ivoire, expanding its presence in Africa as it looks for new oil and gas reserves outside Brazil. Petrobras will operate each block with a 90% stake, while state-owned Petroci will hold the remaining 10%.
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