Vaalco Energy restarted production at the Avouma 2-H well on the Avouma platform, offshore Gabon, after utilizing a hydraulic workover unit to replace a failed electric submersible pump (ESP) system.
Lebanon's new government passed two decrees concerning oil and gas exploration blocks, meaning a tender process for offshore reserves, stalled since 2013, can begin.
Israeli Delek Group stated that the transaction for the sale of all of the rights in the I/16 Tanin and I/17 Karish leases to Energean had been closed.