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Seven firms, led by ExxonMobil, Shell, Hunt, bid in Ukraine project
Journal Staff Report

KIEV, March 27 ?? Seven foreign oil companies, such as ExxonMobil, Shell and Hunt Oil Company, submitted their bids at a tender to for exploration and extraction of oil and gas offshore Black Sea, officials said.

The government hopes that the project will lead to $2 billion in investments and will help Ukraine boost domestic oil and gas output cutting dependence on imports from Russia.




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