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Namibia and Equatorial Guinea Youth-Focused Local Content, Gas Monetization a Boost for Intra-African Energy Growth

Namibia, as an upcoming hydrocarbon producer, and Equatorial Guinea, as one of Africa’s top natural gas producers, have taken the lead towards positioning Africa as a globally competitive oil and gas producer, leveraging intra-African partnerships and cooperation to scale up the local workforce. Following sizable oil and gas discoveries made in Namibia in 2022, the […]
Central African Republic Equatorial Guinea Nigeria General Punta Europa Equatorial Guinea General United Kingdom

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Equatorial Guinea: Panoro Energy achieves payback for 2021 Equatorial Guinea acquisition

Panoro Energy has announced that following its lifting of 745,000 barrels of oil at Block G offshore Equatorial Guinea in July and receipt of its related payment in excess of USD 80 million, cumulative net cash flow generated from Panoro’s production entitlement at Block G has exceeded the upfront acquisition cost of USD 94 million.
Equatorial Guinea Ministry Of Mines Panoro Energy Okume Complex Joint Venture Production Sharing Contract

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