Petroliam Nasional Bhd (Petronas)
The deal is for Block 52, which covers over 4,700 sq km (1,800 sq miles) in the Suriname-Guyana Basin.
Repsol will still hold a 51% stake in the block after the deal.
Offer is the latest in a series to solicit interest.
The most heavily sought-after areas in the auction directly border Brazil’s so-called presalt area, a zone in which billions of…
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