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05 Oct 2026

Major Offshore Gas Field Reaches Final Investment Decision

The state oil company and two international energy majors have taken a final investment decision to fully develop a major offshore gas field, expected to meaningfully increase national gas output within three to four years, alongside separate memoranda covering upstream development and energy security cooperation. Given the scale and number of parties involved, there's a clear sourcing role connecting specialist contractors, equipment suppliers or co-investment partners to this and the related energy agreements signed alongside it.

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