22 September 2025
22 September 2025
Sixteen countries came together to witness the establishment of a forum designed to unify the petroleum regulatory landscape across Africa.
The EU initially planned to phase out Russian LNG by 1 January 2028, but now plans to do so by 1 January 2027.
The well, part of the Block 9 PSC, aims for a total depth of 1,125m MD and targets the Unit 1B formation.
The company is actively seeking partners to manage five oilfields in the next 18 months under PSAs.
This agreement aims to optimise offshore oil and gas production in Brazil's post and pre-salt fields.
The main concerns about tariffs that businesses have are higher input costs and uncertainty in long-term planning.
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