Papua New Guinea

Total acquires stake in InterOil's Papua New Guinea LNG assets for USD3.6 billion

Total, Europe's third-biggest oil company, will purchase a 61.3% stake in InterOil Corp.'s liquified natural gas project in Papua New Guinea. The acquisition deal is worth USD3.6 billion.

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Canadian firm Pacific Rubiales completes Petrominerales acquisition

Canadian gas and oil producer Pacific Rubiales Energy Corp (PREC) announced that it has closed the acquisition of light oil and pipeline firm Petrominerales Ltd.

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