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Sovereign Wealth Funds Briefing - Categorized | Market

Temasek clinched deal to explore for oil in eastern Indonesia

Posted on 08 July 2009

From Sgblogs.com: Singapore state investor Temasek Holdings has clinched its first ever exploration rights deal after winning an Indonesian concession in West Belida onshore Sumatra.
Temasek oil and gas exploration unit, Orchard Energy, signed the production sharing contract with Indonesia in May, as part of the latest round of oil and gas exploration rights in eastern Indonesia………Full Article: Source


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