BP Takes Operatorship of Three Namibia’s Offshore Licenses in Eco Farm-Down

AI Summary

BP has completed a farm-down deal with Eco (Atlantic) Oil & Gas, acquiring 60% participating interests and operatorship in three offshore exploration licenses in Namibia. The transaction expands BP’s role in exploration acreage off the Namibian coast.

Eco (Atlantic) Oil & Gas has completed the farm-down of 60% participating interests in three Namibia’s offshore exploration licenses to BP, transferring operatorship…