"Navitas Petroleum is moving FPSO upgrade work from the Middle East to Asia due to regional conflict. The project budget increased by US$45 million, with Rockhopper's equity costs rising by US$5.25 million. First oil from Phase 1 is expected in H1 2028, with drilling scheduled for early 2027. Navitas has also signed a definitive agreement to farm into Eco Atlantic's Block 1 CBK offshore South Africa."