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QatarEnergy takes stake
QatarEnergy announced an agreement with Chevron to acquire a 25% stake in offshore exploration license PEL 82 off the coast of Namibia, subject to official approvals. Chevron, the operator, will retain a 55% stake, while Namcor and Custos Energy will each hold 10%. The license covers approximately 11,444 square kilometers, with water depths ranging from 350 to 2,300 meters.
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