Business

‘Invictus, govt petroleum deal to be finalised soon’

NewsDay Staff ·

‘Invictus, govt petroleum deal to be finalised soon’

AUSTRALIAN firm, Invictus Energy Limited, has revealed that its petroleum production sharing agreement with government will be finalised in a few weeks’ time.

The agreement will provide a stable, transparent, legal and fiscal framework for the exploration and production of oil and gas in Zimbabwe.

The firm is currently running its Cabora Bassa project in the Muzarabani district of the Mashonaland Central Province, where it is exploring for gas and oil.

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