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Bidders circle for SapuraOMV in $1 billion-plus deal - Upstream Online

Upstream Online · last updated

Bidders circle for SapuraOMV in $1 billion-plus deal | Upstream Online

Mubadala Energy, Inpex and Medco Energi are among those companies expected to this week formally bid to acquire SapuraOMV Upstream — the 50:50 joint venture between Malaysia’s Sapura Energy and OMV of Austria, according to Reuters, citing two sources familiar with the sales process.

A price tag of $1.2

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State of Play

Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.

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