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Esgian Week 23 Report: Semisub Action In Norway,

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Azerbaijan: MVM Group acquires a stake in the Shah Deniz offshore gas-condensate field

Hungarian state-owned MVM Group has entered into a sale and purchase agreement with the Azerbaijani state-owned entity Southern Gas Corridor for the acquisition of a 5% stake in the Production Sharing Agreement for the Shah Deniz gas-condensate field offshore Azerbaijan and a 4% stake in Azerbaijan Gas Supply Company, established for the marketing and sale of natural gas produced from the Shah Deniz gas-condensate field.

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