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OMV to acquire Shell’s upstream business in New Zealand for $578 million

( March 15, 2018, 04:13 GMT | Official Statement) -- MLex Summary: Vienna-based oil and gas company OMV has agreed to acquire Shell’s upstream business in New Zealand for $578 million, subject to approvals from overseas investment and competition regulators. The deal includes their joint venture interests in Pohokura, the largest gas producing field in New Zealand, and Maui as well as related infrastructure for production, storage and transportation.The company's full statement follows:...

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