The latest oil and gas news from around the world.
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'The block is located in a region of the Atlantic margin with proven hydrocarbon discoveries'.
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The award is determined by the votes of exploration leaders across the industry, supported by independent quantitative analysis conducted by Wood Mackenzie, WoodMac noted.
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Europa Oil & Gas said it is moving closer to drilling the Barracuda prospect offshore Equatorial Guinea after the Central African country approved the entry of a new Chinese partner in the relevant license.
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Two of the exploration blocks sit near the BP-operated Tangguh LNG in Papua Barat province, presenting 'potential for short-cycle development', BP said.
