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GEPetrol to revitalize ExxonMobil’s former Zafiro field offshore Equatorial Guinea as African NOCs compete with IOCs

GEPetrol’s transformation into a competitive operator follows a trend of similar NOC restructuring in Africa, all of which have enhanced the competitiveness and capacity of the respective NOCs. These include Angola’s Sonangol, the Nigerian National Petroleum Corporation, Algeria’s Sonatrach, and more.

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