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Rosneft ups stake, takes over operatorship of Solimoes project

15.07.2014 / Energyboardroom

OAO Rosneft reported that the Brazilian government has approved a transaction that would give Rosneft an additional 6% in a joint venture in the Solimoes basin for $96 million. The transaction would give Rosneft 51% interest and operatorship in the JV.

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