02 September 2025
02 September 2025
This event marks the inaugural PSC in Nigeria covering E&P for both crude oil and natural gas.
This decision follows a conditional authorisation granted to Commonwealth LNG in February this year.
BW Offshore and Equinor Canada will advance talks on the technical and commercial aspects of the FPSO project for Bay du Nord.
This move is set to boost Türkiye's natural gas production capacity and optimise its energy mix.
The agreement will account for nearly 15% of the Orlen Group's annual oil requirements.
The agreed work programme includes drilling at least one exploration well by the end of this year.
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