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Perenco Set to Invest $2 Billion in African Oil Exploration Amid Energy Market Challenges

Perenco Set to Invest $2 Billion in African Oil Exploration Amid Energy Market Challenges
7 months ago

In a bold move aimed at enhancing its operations amidst a fluctuating energy market, Perenco, the prominent oil and gas company, has announced plans to invest the majority of its anticipated $2 billion expenditure in Africa. This strategic decision underscores Perenco's commitment to expanding its footprint in the region, which is seen as a vital area for oil exploration and production.

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