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EG-08 Oil & Gas Block Farm-out and Barracuda-1 Well Drilling

Pending approval · Equatorial Guinea · Last reported May 2026

Source: Offshore-Energy

Project
Pending Approval

Europa Oil & Gas is involved in a farm-out agreement for a 40% interest in the EG-08 oil and gas block off the coast of Equatorial Guinea. The project includes drilling the Barracuda-1 well, with the block estimated to contain 2.196 trillion cubic feet of gas. The farm-out process is pending final approval from the Shandong Provincial government for overseas direct investment. Europa Oil & Gas, th

Status
Under Construction
Sector
Oil and Gas, Government, Raw Materials
Location
Equatorial Guinea
Updated
22 Jul 2026
Source
Offshore-Energy

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Project Information

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The project “EG-08 Oil & Gas Block Farm-out and Barracuda-1 Well Drilling” is an infrastructure initiative in the Oil and Gas sector, located in Equatorial Guinea. Taiyo aggregates data on it from Offshore-Energy.

Participants

Not available for this record.

Status

Original status

pending approval

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Europa Oil & Gas is involved in a farm-out agreement for a 40% interest in the EG-08 oil and gas block off the coast of Equatorial Guinea. The project includes drilling the Barracuda-1 well, with the block estimated to contain 2.196 trillion cubic feet of gas. The farm-out process is pending final approval from the Shandong Provincial government for overseas direct investment. Europa Oil & Gas, through its associated company Antler Global, will hold a 40% working interest and remain the operator after completion.

Original sector

Oil & Gas

Location

Country

Equatorial Guinea

Source

Source

Offshore-Energy

URL

More Details

Record type

Project

Sector

Oil and Gas, Government, Raw Materials

Article published date

2026-06-02

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