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Ministry of Mines and Hydrocarbons of Equatorial Guinea and the joint venture partners at Block G offshore Equatorial Guinea have agreed a material time extension of the Production Sharing Contract (PSC) until 31 December 2040, covering the producing Ceiba and Okume Complex Fields

The energy transition continues to accelerate, with oil demand projected to peak in this decade, perhaps as soon as 2025, according to new research by leading global consultancy, McKinsey & Company

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