EQUATORIAL GUINEA: Marathon Oil Reaches Agreement to Further Develop Gas Mega Hub

Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, announced it has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.) and Noble Energy E.G. Ltd, a … Read More

EQUATORIAL GUINEA: Chevron Signs Production Sharing Contract for Block EG09

American multinational energy corporation Chevron has signed an agreement with the government of Equatorial Guinea for Block EG09 – located in the Douala Basin on the border of Cameroon. Representing … Read More

Equatorial Guinea: IOCs Warn Over Forex Regulations Imposed by the Bank of Central African States

In order to maintain the engagement with the oil sector of Equatorial Guinea in light of the ongoing crisis of Covid-19 and challenging market conditions, H.E. Gabriel Mbaga Obiang Lima, … Read More

Equatorial Guinea & Cameroon: Chevron’s Entry into Central Africa Could be a Turning Point for Gas Industry

The recently-announced acquisition of Noble Energy by Chevron for $13bn gives the American major an entry into Equatorial Guinea’s oil & gas sector, where Noble Energy has interests in the … Read More

Equatorial Guinea hold discussions with African Energy Chamber & Updates on Energy Developments during Covid-19

Last week, the African Energy Chamber held a bilateral discussion with the Ministry of Mines and Hydrocarbons of Equatorial Guinea, led by H.E Gabriel Mbaga Obiang Lima, alongside the Director of … Read More