03/08/2026
𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐀𝐩𝐩𝐫𝐨𝐯𝐚𝐥 𝐑𝐮𝐥𝐞𝐬 𝐃𝐞𝐥𝐚𝐲 𝐅𝐮𝐡𝐚𝐢’𝐬 𝐄𝐧𝐭𝐫𝐲 𝐈𝐧𝐭𝐨 𝐄𝐪𝐮𝐚𝐭𝐨𝐫𝐢𝐚𝐥 𝐆𝐮𝐢𝐧𝐞𝐚 𝐆𝐚𝐬 𝐏𝐫𝐨𝐣𝐞𝐜𝐭
The planned sale of part of Europa Oil & Gas' interest in the EG-08 offshore gas block in Equatorial Guinea to China's Fuhai Energy missed its targeted completion date last month after new Chinese regulations governing overseas investments slowed the approval process, the British company said on Friday, July 31.
Fuhai Energy joined the Barracuda gas project in December 2025 and targets the block's gas resources. However, the company continues to await approval from authorities in Shandong Province, where it is headquartered.