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OMV to Take Over Offshore Block in Madagascar
OMV acquires interest in offshore Madagascar block

OMV, the integrated, international oil and gas company, is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the "Grand Prix" block from Niko Resources Ltd (Niko). This acquisition is in line with OMV’ s strategy "profitable growth" to develop a balanced Exploration & Production portfolio and opportunities also in the sub-Saharan…
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