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Gov’t weighs state-led takeover of Springfield asset
The government is considering a state-led acquisition of Springfield Exploration and Production Limited’s interest in the West Cape Three Points Block 2 as it seeks to reverse declining oil output and prevent strategic petroleum resources from remaining idle. According to a statement from the Ministry of Energy, the move is part of a broader plan […]
The post Gov’t weighs state-led takeover of Springfield asset appeared first on The Business & Financial Times.
Source: thebftonline.com
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