June 23, 2023 [MarketWatch]- Zenith Energy on Friday said that it has signed a memorandum of understanding in South Sudan to formalize negotiations for the acquisition and development of oil-and-gas production licences.

The energy company, listed in London and Oslo, said South Sudan has been the focus of its attention as its prolific petroleum system presents many attractive opportunities. The MoU was signed with South Sudan’s Petroleum Ministry.

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