Romanian Prospectiuni Announces $20M Prospecting Deals In Morocco
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) has signed three deals worth $20 million for oil prospecting in Morocco, general manager Gehrig Schultz said Wednesday.
The deals were signed with two UK-based companies, Schultz said.
Prospectiuni employs around 400 staff in Morocco.
The company has businesses in other African countries as well and plans to expand operations to Mediterranean states, including Pakistan and Bangladesh, Schultz said.
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