Ministry of Mines and Hydrocarbons, Equatorial Guinea
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Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Equatorial Guinea and Vitol Sign Strategic Partnership

The agreement was signed during the 5th Gas Exporting Countries Forum Heads of State Summit taking place in Malabo (November 26-29)

Equatorial Guinea’s Ministry of Mines and Hydrocarbons signed a Strategic Partnership and Cooperation Agreement on the development of the Gas Megahub; The Gas Megahub project aims to develop several offshore gas hubs and monetize neighboring gas reserves; The agreement was signed during the 5th Gas Exporting Countries Forum Heads of…

Ministry of Mines and Hydrocarbons, Equatorial Guinea
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    • Equatorial Guinea Presents Open Oil, Gas and Mining Licenses in Successful Roadshow in China
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Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Equatorial Guinea Presents Open Oil, Gas and Mining Licenses in Successful Roadshow in China

H.E. Gabriel Mbaga Obiang Lima thanks Chinese Embassy in Equatorial Guinea, African Energy Chamber and Ministry of Mines and Hydrocarbons staff for a highly-successful roadshow

EG Ronda Licensing Round Roadshow in China was met with tremendous success as over 100 Chinese investors participate and discuss investment in oil, gas and minerals with the Ministry of Mines and Hydrocarbons’ delegation ; H.E. Gabriel Mbaga Obiang Lima thanks Chinese Embassy in Equatorial Guinea, African Energy Chamber and…

Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Equatorial Guinea’s Year of Energy becomes Call to Action for Africa’s Oil Industry

Following the success of the Cape VII Congress & Exhibition in April, Malabo will host the Oil & Gas Meeting Day for services companies on October 1-2, 2019

The Ministry of Mines and Hydrocarbons continues rolling out the Year of Energy initiative as Minister of Mines and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima calls for a stronger African energy dialogue. Following the success of the Cape VII Congress & Exhibition in April, Malabo will host the Oil &…

Ministry of Mines and Hydrocarbons, Equatorial Guinea
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    • Gas Exporting Countries and Qatari Energy Leaders meet with Equatorial Guinea Petroleum Minister on First-Ever Gas Heads of State Summit on African Soil (1)
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Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Gas Exporting Countries and Qatari Energy Leaders meet with Equatorial Guinea Petroleum Minister on First-Ever Gas Heads of State Summit on African Soil

The event saw over 1,000 delegates participating, including African ministerial delegations from APPO member countries and African national oil companies

The Minister of Mines and Hydrocarbons of Equatorial Guinea,  H.E. Gabriel Mbaga Obiang Lima is on a visit to Doha this week where he notably met Dr. Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF), in anticipation of Equatorial Guinea hosting next November the GECF’s 5th Gas…

Ministry of Mines and Hydrocarbons, Equatorial Guinea
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Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Equatorial Guinea and Major Oil and Gas Companies Sign Definitive Agreements for Monetization of Gas from the Alen Unit

This agreement will see Sonagas GE, the National Gas Company of Equatorial Guinea stake increased from 25% to 30%

Establishes the First Gas Hub of the Envisioned EG Gas Mega Hub; Sonagas increases stake at EGLNG Plant The Ministry of Mines and Hydrocarbons on behalf of the Government of the Republic of Equatorial Guinea executed the Definitive Agreements with the Alen Unit and respective Punta Europa Plant owners to monetize…

Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Equatorial Guinea takes decisive step toward joining the Extractive Industry Transparency Initiative

The endorsement follows a decade of efforts by Equatorial Guinea to join the initiative, which seeks to address key governance issues of transparency and accountability in the extractive sectors

In a significant move toward joining the Extractive Industry Transparency Initiative (EITI), Equatorial Guinea received the official backing of the EITI International Secretariat on Friday; The endorsement follows a decade of efforts by Equatorial Guinea to join the initiative, which seeks to address key governance issues of transparency and accountability…

Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Equatorial Guinea: Ophir Energy denied Fortuna block license extension

Ophir is no longer operator of the block which has now returned to the State

Block R has been returned to the State; The Ministry of Mines and Hydrocarbons welcomes further investment in hydrocarbon sector opportunities, recognizes Ophir’s commitment in Equatorial Guinea. Equatorial Guinea’s Ministry of Mines and Hydrocarbons has confirmed that no further extension has been granted to Ophir’s Block R production sharing contract.…

Ministry of Mines and Hydrocarbons, Equatorial Guinea
Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Equatorial Guinea Primed for Huge Growth as Host of 2019 ‘Year of Energy’

11 new oil and gas wells to be drilled in 2019, with $2.4 billion investment

2019 to be bumper year for Equatorial Guinea’s oil and gas sector, with Year of Energy (https://YearOfEnergy2019.com/) initiative providing impetus for intra-African cooperation; 11 new oil and gas wells to be drilled in 2019, with $2.4 billion investment; Emphasis placed on economic diversification, underscored by energy sector growth After a year of…

Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Equatorial Guinea: Oil Producers should ‘Stand Together’

Collaboration of Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers in committing and adhering to oil production cuts resulted in the historic Declaration of Cooperation in 2017

The Ministry of Mines and Hydrocarbons, representing the Government of Equatorial Guinea, calls for unity amongst oil producing ahead of this week’s 175th Ordinary Meeting of the Organization of Petroleum Exporting Countries in Vienna. The meeting will be a critical juncture for the organization as it grapples with declining oil…

Ministry of Mines and Hydrocarbons, Equatorial Guinea
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Source: Ministry of Mines and Hydrocarbons, Equatorial Guinea |

Minister orders termination of all contracts with US based Oil Service Company Subsea 7 for refusal to comply with Local Content laws and regulations

Encourage by proactive steps taken by Schlumbeger and Technip FMC to comply with local content regulations

At the South Sudan Oil and Power Conference in Juba, the Minister of Mines and Hydrocarbons announced the decision to mandate all petroleum operators including but not limited to Noble Energy, Exxon Mobil, Kosmos Energy, Trident, Marathon Oil Corporation and other operators to cancel all contracts with US based oil service…