Panoro, GEPetrol assess joint development of EG-23 discoveries offshore Equatorial Guinea
A potential tieback development of the Estrella and Rodo discoveries could unlock more than 100 MMbbl of oil and condensate resources and 215 bcf of gas identified across Equatorial Guinea’s Block EG-23.
Why this news matters:
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Using existing offshore infrastructure could significantly lower development costs and shorten project timelines compared with a standalone installation.
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The combined oil and gas discoveries offer a potential pathway for new production in Equatorial Guinea while Panoro continues evaluating additional prospects across Block EG-23.
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