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ConocoPhillips signs deal to advance offshore gas development in Equatorial Guinea – Oil & Gas 360

Summary by Oil & Gas 360
(World Oil)– Equatorial Guinea has signed a Heads of Agreement (HOA) with ConocoPhillips to develop offshore Blocks B/4 and EG-27, a deal expected to unlock up to $9 billion in investment and support the country’s ambition to expand its role as a regional gas processing hub. The HOA, signed by ConocoPhillips alongside the Ministry of Hydrocarbons and Mining Development, national oil company GEPetrol, and state gas firm SONAGAS, outlines terms
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Oil & Gas 360 broke the news in Denver, United States on Tuesday, September 30, 2025.
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