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PetroSA, Rosgeo sign multimillion-dollar deal for oil, gas exploration in South Africa

Contributing Editor Online
State-owned PetroSA has signed an agreement with Russian geological exploration company Rosgeo that will result in the investment of about $400-million in oil and gas development off the coast of South Africa. The agreement was signed at the ninth yearly Brics Summit that is currently under way in Xiamen, China.  

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