GDF Suez Buys 20% Stake In Absheron BlockJune 2009 | Industry News
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French energy company GDF Suez has bought a 20% stake in the Absheron Block in the Caspian Sea offshore Azerbaijan. The block, which is currently at the exploration stage, is operated by French major Total, working alongside equal partner Azeri state oil company Socar. No financial details have been disclosed.