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The test is a key step in the commercialisation of the Lofin gas resource.
Eco says its Orinduik asset in Guyana now contains more gas reserves, and has also gained from M&A activity in Namibia and South Africa.
The grants will support exploration company Imperial Oil & Gas, a unit of Sydney-listed Empire Energy, to continue drilling three exploration wells.
The two new contracts are worth $1.1bn.