Ghana: PetroSA buys Sabre
Issue 240
- 05 Oct 2012
| 1 minute read
South African state oil company PetroSA has bought a stake in the Jubilee oil field, through the acquisition of Sabre Oil and Gas. PetroSA said the purchase, which has been approved by both countries’ energy ministers, follows a bidding process in which it was shortlisted with two other international oil companies (IOCs).
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