Tullow Oil plc has announced the successful result of its general meeting to approve the disposal of all of the issued share capital of its subsidiary, Tullow Equatorial Guinea Limited (“TEGL”) held by Tullow Overseas Holdings BV, another subsidiary of Tullow, to Panoro Energy Holding BV, a subsidiary of Panoro. TEGL holds a 14.25% non-operated […]

VAALCO and its joint venture owners have said that they are evaluating the timing and budgeting for development and exploration activities on Block P offshore Equatorial Guinea. This latest information was disclosed in company’ The Block P production sharing contract provides for a term of 25 years from the date of approval of a development […]

The Equatorial Guinea Ministry of Mines and Hydrocarbons has announced the conclusion of several meetings for the evaluation of the 2021 Work and Budget Programs pertaining to the development of the Republic of Equatorial Guinea’s oil & gas fields. The meetings were held in the cities of Malabo and Bata to carefully examine the country’s […]

Lukoil a Russian multinational energy corporation headquartered in Moscow is still in talks with Equatorial Guinea’s Ministry of Mines and Hydrocarbons on the development of offshore block EG-27 months afterround. EG Ronda bid round. Lukoil and GEPetrol in November last year were awarded the operations of EG-27 (formerly Block R) through the EG Ronda 2019 […]

Gabriel Mbega Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial The Board of Directors of the Ministr y of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and published the shortlisted key companies for the execution of their reference projects in the framework of the current Investment Year. The decision was made during […]

Following the success of the Year of Energy 2019 an initiative of the Republic of Equatorial Guinea which is seeing the organization of several high level investment conferences and road shows in Malabo and internationally this year, the country will be continuing its outreach to global investors with the Year of Investment 2020. Supported by […]

Equatorial Guinea is about to re-award EG-27 formerly know as block R . The block is where former independent Ophir Energy encountered its fortuna floating liquefied natural gas which never comes to pass. EG-27, presently gunning by Russian companies is one of seven blocks over which the Ministry of Mines & Hydrocarbons is discussing deals […]

Equatorial Guinea has announced its plans for 2020 licensing round; this was also revealed by Minister of Mines & Hydrocarbons Gabriel Mbaga Obiang Lima at the Africa Oil Week conference. “At the end of the year – probably in November – we will announce our 2020 licensing round, that will have the same format,” he […]