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MOL grabs bigger stake in MODEC to bolster offshore energy game as decarbonization age goes on

Japan’s MOL has taken hold of a larger stake in MODEC, which will enable it to convert the firm into an equity-method affiliate in pursuit of further growth in both firms’ offshore businesses against the backdrop of energy transition plays that call for a step-up in the decarbonization arena. The post MOL grabs bigger stake …

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