lease auction
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Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources. -
The deal targets increased investment and production from one of the country’s largest onshore developments.
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The new policy aims to accelerate the leasing timeline and expand access to public lands.
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Nation also changes fiscal regime to attract new investment.
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New terms would allow contractors more than 50% equity share in some new blocks.
