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The Standard e-Paper
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The plan to rescue the cash-strapped National Oil Corporation (NOC) has been finalised following the signing of a deal with Rubis Energy Kenya, which will inject cash into the State corporation.
The signing of the agreement overseen by Energy and Petroleum Cabinet Secretary Opiyo Wandayi follows the successful completion of the Specially Permitted Procurement Procedure (SPPP) for a non-equity strategic partner, in compliance with the Public Procurement and Asset Disposal Act, 2015.
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