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24 Jul 24
Equatorial Guinea: GEPetrol assumes operatorship of Block B, targets multi-phase development at Zafiro
Equatorial Guinea’s national oil company GEPetrol has outlined a multi-phase development plan for the Zafiro field, located in Block B. The company will work towards increasing the flow of production at the field, leveraging its newfound position as operator of the block to bolster production and support economic growth.
24 Jul 24
Namibia: 88 Energy completes 2D seismic acquisition program for PEL 93, Owambo Basin, Namibia
88 Energy has announced that the 2D seismic data acquisition program for PEL 93 over the Owambo Basin, Namibia, has been completed on time and within budget.
23 Jul 24
Israel: Energean takes Final Investment Decision for the Katlan development project offshore Israel
Energean has taken Final Investment Decision ('FID') for the Katlan development project offshore Israel. The Katlan area will be developed in a phased approach through a subsea tieback to the existing Energean Power FPSO. First gas is planned for H1 2027.
22 Jul 24
Mauritania: TGS signs agreement with Mauritania to offer key subsurface data
TGS, a global leader in energy data and intelligence, has signed an agreement with Mauritania’s Ministère du Pétrole, des Mines et de l’Énergie to integrate, enhance and license additional subsurface data, strengthening their position as the sole provider of multi-client subsurface data in the Republic.
22 Jul 24
Equatorial Guinea: Europa Oil & Gas announces revised Prospective Resources for EG-08, offshore Equatorial Guinea
Europa Oil & Gas has announced that an additional 716 BCF of unrisked Prospective Resources have been identified on the EG-08 block, offshore Equatorial Guinea, bringing the total gross unrisked Mean Prospective Resources on the block to 2.116 TCFe. Partner Antler Global will be seeking a farmin partner to accelerate drilling an exploration well.
22 Jul 24
Saudi Arabia: Aramco to acquire 50% stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company
Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra. The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen and nitrogen.
22 Jul 24
Lebanon extends deadline for submitting Third Offshore Licensing Round bid applications
Lebanon has extended the deadline for submitting Third Offshore Licensing Round bid applications from July 2 2024 to March 17 2025.

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