Tanzania Petroleum Development Corporation agreed to acquire additional 20% stake in Mnazi Bay natural gas project from Etablissements Maurel & Prom S.A. (ENXTPA:MAU) for $23.6 million on February 3, 2024. The consideration consists of $23.60 million in cash. Prior to the transaction, Tanzania Petroleum Development Corporation held 20%.
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- Tanzania Petroleum Development Corporation agreed to acquire additional 20% stake in Mnazi Bay natural gas project from Etablissements Maurel & Prom S.A. for $23.6 million.