Pharos Energy PLC - London-based oil & gas explorer - Vietnam's Ministry of Industry & Trade has granted a two-year extension to the Te Giac Trang field licence. The licence now runs to December 7, 2026, as the first stage of the full five-year licence extension. Pharos remains confident in securing a licence extension of a further three years to 2029, which will be pursued in due course in accordance with the licence terms.
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By Tapan Panchal; firstname.lastname@example.org
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