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A representative image of an offshore drilling platform at sunset, reflecting the type of infrastructure involved in the Barracuda gas prospect within Equatorial Guinea's EG-08 block, where Europa Oil & Gas and Fuhai have partnered on a $53 million farm-out agreement.

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5 minute read

Energy Industry News

Europa Oil & Gas (AIM: EOG) secures high-impact farm-out with Fuhai to drill Barracuda offshore gas prospect

Fuhai signs $53M farm-out deal to drill Barracuda gas well with Europa Oil & Gas in Equatorial Guinea. Find out what this means for 2026.

January 4, 2026

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2 minute read

Energy Industry News

Italian contractor Saipem bags $500m worth offshore contracts

Italian oilfield services company Saipem said that it has bagged various engineering, procurement, construction, and installation (EPCI) contracts…

byoilandgasnews365

February 8, 2020

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