Marathon sparks Block 32 feeding frenzy

Casting the net: off Angola

REUTERS

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By Wire services

 11 August 2008 03:41 GMT

US oil producer Marathon Oil is selling a 20% stake in Angola’s deep-water Block 32 that could fetch almost $2 billion, attracting bids from China's big three oil companies, India's Oil & Natural Gas Corporation (ONGC) and Brazil's Petrobras, sources close to the matter said.

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