M&P eyes Congo-Brazzaville

摘要

France's Maurel & Prom (M&P) is preparing to acquire an operating stake in the Marine III licence offshore Congo-Brazzaville in a US $14m cash-and-stock deal. M&P has signed a Memorandum of Understanding with state-owned Societe Nationale des Petrole Congolais (SNPC) which will see its equity in the project increase from 20% to 75%.