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Exxon pulls out of Suriname offshore block, Staatsolie says (NYSE:XOM)

Oil platform on the ocean. Offshore drilling for gas and petroleum

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Exxon Mobil (NYSE:XOM) has withdrawn from its Block 52 offshore Suriname, and block operator Petronras will take over its 50% stake, the country’s state-owned oil and gas company Staatsolie said Wednesday; financial terms were not disclosed.

“The withdrawal is part

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