Thecompany’s shareholders have now approved a restructuring plan that will seesubstantially all of its assets transferred to a newly established Dutchcompany that will in turn be owned by a new UK entity.

These willinclude its dominant 42.8% shareholding in Norwegian independent DNO International,which has upstream assets spread across the Middle East and North Africaregion, as well as a newly acquired stake in a block off the Ivory Coast.

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