Itochu snaps up BMG stake
Japanese trading company Itochu Corporation has paid A$246 million (US$211.7 million) for a 20% stake in the Basker Mantar Gummy (BMG) oil project off south-east Australia.
Japanese trading company Itochu Corporation has paid A$246 million (US$211.7 million) for a 20% stake in the Basker Mantar Gummy (BMG) oil project off south-east Australia.