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More than 20 international and regional financial institutions participated in the transaction.
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The Japanese company intends to complete the acquisition by February 2026, subject to customary closing conditions.
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As global FDI declines, regional experts comment on the biggest trends that will affect different locations – from tariff uncertainty to the race for critical minerals to AI.
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The M-HZ7 well, drilled to a total measured depth of 14,253ft, encountered several hydrocarbon-bearing intervals.
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Subsea7 will immediately start engineering and project management activities from its office in Norway.
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