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Sasol signed regulatory agreements with the Minerals and Energy Minister and Trade Minister of South Africa on the Mozambique to South Africa natural gas project and pipeline. Sasol’s board has approved funds for the development of Temane and Pande gas fields with a gas transmission pipeline between Mozambique and South Africa.
Hydralift agreed to purchase 32.35% of the shares in the Dutch company SAS Gouda BV with the option of purchasing the remaining shares over the next two years. This acquisition follows Hydralift’s strategy to focus on the subsea pipelaying market.
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