Read the latest Archives of oil, gas and energy news.
The government has approved new fiscal terms and plans to implement a new multi-client data strategy by year-end to attract investment and revitalize exploration efforts.
Bienvenido Nguema Envo, CEO of Equatorial Guinea’s GEPetrol, will speak at the Invest in African Energy Forum in Paris, following a series of recent PSCs signed with international operators and the takeover of the Zafiro field by the NOC.
Panoro Energy has completed several drilling programs and signed a production sharing agreement to advance its production portfolio in the Equatorial Guinea in November.
The EG-18 field is located in a hydrocarbon-rich area and is a strategic part of Africa Oil Corp’s offshore exploration program.
Petrofac will provide technical and engineering support to Marathon Oil’s onshore Alba gas plant and offshore Alba field under a new master service agreement.
By Antonio Oburu Ondo, Minister of Hydrocarbons and Mineral Development, Equatorial Guinea
The pipeline will transport natural gas from Nigeria to Equatorial Guinea for processing, further solidifying the country’s position as a regional gas hub.
Commercial production from the block is due to start in 2026.
Chevron and GEPetrol signed contracts for offshore blocks EG-06 and EG-11 in Equatorial Guinea- representing a $2 billion investment.
Under the technical services contract, Petrofac will support the operations of GePetrol in Equatorial Guinea’s Block B.
